The suburb’s capital gain of -24.11% for the past year is lower than average compared to its 28.4% growth within a five-year period.
Also in GLENSIDE, the median home price is sitting at $850,000, and the average rent at $495, this suggests property owners could potentially earn a 3.03% increase in gross rental yield.
Property investors have seen a 0.12% gain in GLENSIDE based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.06% growth over a ten-year period. It ranks 1544th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-24.11%||7.57%|
|Median 3 years||21%||25.35%|
|Median 5 years||28.4%||21.53%|
|10 years average annual||5.06%||3.59%|
|Weekly media advert. rent||$495||$300|
|Time on Market||0.0 days||60.5 days|
|Gross Rental Yield Percent||3.03%||3.92%|