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 3.5% and has experienced a 12-month capital growth of Up 3.7%, with a median house buy price of $850,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$725,750
$845,000
$967,500
$850,000
Suburb Market Profile
Last month Glenroy had 120 properties available for rent and 124 properties for sale. Median property prices over the last year range from $850,000 for houses to $630,000 for units. If you are looking for an investment property, consider houses in Glenroy rent out for $575 PW with an annual rental yield of 3.5% and units rent for $530 PW with a rental yield of 4.6%. Glenroy has seen an annual compound growth rate of 3.7% for houses and 8.6% for units.