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The suburb’s capital gain of -2.89% for the past year is lower than average compared to its 7.82% growth within a five-year period.
Also in GLENSIDE, the median home price is sitting at $820,000, and the average rent at $595, this suggests property owners could potentially earn a 3.77% increase in gross rental yield.
Property investors have seen a -3.81% drop in GLENSIDE based on a decrease 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 2.73% growth over a ten-year period. It ranks 2740th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.89%||36.37%|
|Median 3 years||10.07%||44.99%|
|Median 5 years||7.82%||55.85%|
|10 years average annual||2.73%||6.59%|
|Weekly media advert. rent||$595||$357.5|
|Time on Market||70.8 days||57.2 days|
|Gross Rental Yield Percent||3.77%||3.68%|