Property Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
The suburb’s capital gain of 2.91% for the past year is lower than average compared to its 20.68% growth within a five-year period.
Also in GLENSIDE, the median home price is sitting at $881,000, and the average rent at $595, this suggests property owners could potentially earn a 3.51% increase in gross rental yield.
Property investors have seen a 3.34% 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 3.38% growth over a ten-year period. It ranks 2724th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||2.91%||-19.52%|
|Median 3 years||0.11%||11.23%|
|Median 5 years||20.68%||24.92%|
|10 years average annual||3.38%||4.56%|
|Weekly media advert. rent||$595||$370|
|Time on Market||0.0 days||50.4 days|
|Gross Rental Yield Percent||3.51%||4.74%|