$3m-plus suburbs double during the pandemic as allure of luxury property grows
With more Australians racking up more savings than ever before and affordability improving across the real estate market, the allure of luxu...
Based on its average 5-year and quarterly capital gains GLENDALOUGH, 6016 saw average decrease in the long term.
Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.
Profits due to an downward trend in home prices in GLENDALOUGH, 6016 averaged -8.21% per annum over a 3-year period.
Average weekly rents on listings have reached the $285 mark, reflecting a 7.56% increase in returns based on the current median price in GLENDALOUGH.
An average of 1.92 real estate transactions take place per month in GLENDALOUGH which translates to 23 per annum.
23 properties were sold in GLENDALOUGH during the past year, making it the 64th most active market in WA based on total real estate transactions.
GLENDALOUGH, 6016 places 110th in Australia based on median property value growth during the quarter.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $196,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -9.05% |
| Median 12 month | N/A | -15.15% |
| Median 3 years | N/A | -24.62% |
| Median 5 years | N/A | -36.98% |
| 10 years average annual | N/A | -3.89% |
| Weekly media advert. rent | N/A | $285 |
| Time on Market | N/A | 49.3 days |
| Gross Rental Yield Percent | N/A | 7.56% |
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