GLENROY 3046
State: VICPosiProp AI Investment Summary
GLENROY (VIC 3046) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Up 5.2%, with a median house buy price of $863,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$700,000
$850,000
$980,000
$863,000
Suburb Market Profile
Last month Glenroy had 134 properties available for rent and 127 properties for sale. Median property prices over the last year range from $863,000 for houses to $620,000 for units. If you are looking for an investment property, consider houses in Glenroy rent out for $588 PW with an annual rental yield of 3.6% and units rent for $550 PW with a rental yield of 4.8%. Glenroy has seen an annual compound growth rate of 5.2% for houses and 3.3% for units.
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