How rental and vacancy rates are performing in major capitals
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 7.15% growth over a ten-year period. It ranks 967th on our list of suburbs that property investors should look into.
GLENROY, 3046 has a capital gain of -0.56% for the past year, which is lower than average compared to its 57.56% growth within a five-year period.
With the median home price in GLENROY sitting at $709,000, and the average rent at $400, property owners could potentially earn a 2.93% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in GLENROY are low, as opposed to average gains per annum over the past five years.
GLENROY, 3046 in VIC belongs to the local government area of Moreland (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $709,000 | $512,650 |
| GROWTH REPORT | ||
| Median Quarterly | -2.21% | -1.41% |
| Median 12 month | -0.56% | 2.53% |
| Median 3 years | 32.77% | 25.04% |
| Median 5 years | 57.56% | 37.99% |
| 10 years average annual | 7.15% | 5.88% |
| Weekly media advert. rent | $400 | $380 |
| Time on Market | 46.8 days | 48.6 days |
| Gross Rental Yield Percent | 2.93% | 3.85% |
New data reveals the national vacancy rate for May, and how asking prices for rentals have performed for property investors. ...
Propertyology’s Simon Pressley answers one of the most common property buying questions: Should investors purchase properties they would w...
A new report projects what major shifts in the economy need to take place to ensure growth, and the make-up of the property market factors s...
The NSW state budget for 2019-20 has been handed down, with a record spend on infrastructure. Here’s where the money’s being planned to ...
Waterfront locations, particularly in capital cities such as Sydney, are often deemed as “prestige property markets”, but can scenic vie...
An issue with apartment towers in Sydney’s inner south has seen its residents evacuated and has highlighted the need for investors to keep...
Get notifications in real-time for staying up to date with content that matters to you.