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The suburb’s capital gain of 3.82% for the past year is lower than average compared to its 23.86% growth within a five-year period.
Also in GLENSIDE, the median home price is sitting at $882,500, and the average rent at $580, this suggests property owners could potentially earn a 3.42% increase in gross rental yield.
Property investors have seen a -0.28% 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 3.79% growth over a ten-year period. It ranks 2010th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $882,500 | $371,500 |
| GROWTH REPORT | ||
| Median Quarterly | -0.28% | 0.41% |
| Median 12 month | 3.82% | -0.93% |
| Median 3 years | 2.02% | 1.23% |
| Median 5 years | 23.86% | 4.35% |
| 10 years average annual | 3.79% | 1.91% |
| Weekly media advert. rent | $580 | $305 |
| Time on Market | 34.3 days | 53.9 days |
| Gross Rental Yield Percent | 3.42% | 4.27% |
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