Suburb Profile Report for Glendale NSW (2285)

Glendale House: Median price $390,000, Annual capital growth 3.70%, Number of sales 54, Weekly median advertised rent $385

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in Glendale, 2285 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.70%

If we look at median property appreciation over just the last three months, Glendale has given property investors a paper return of -3.47%. This puts Suburb as 1204 on a list of fastest fasting appreciating suburbs in NSW

Glendale2285 is located in NSW which offers an average discount of -5.53% to property investors. Glendale itself is showing figures that indicate -5.80% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Glendale the average time real estate has been on the market is 66.25 days.

Situated 112.16km from the CBD, Glendale is one of Lake Macquarie localities in the postcode 2285.

HOUSE UNIT
$390,000 N/A
-3.47% N/A
-3.70% N/A
3.70% N/A
$385 N/A
54 N/A
5.13% N/A
66.25 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3282
Median household income ($/weekly) 1059
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 404 12.3
    25-34 years 415 12.6
    35-44 years 457 13.9
    45-54 years 412 12.5
    55-64 years 450 13.7
    Others 1145 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 1199 48.6
    Not Married 1037 42.0
    Defacto Relationship 233 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2866 91.0
    Indonesia 22 0.7
    Papua New Guinea 29 0.9
    United Kingdom 90 2.9
    Other 32 1.0
    Others 109 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.5
    Christianity 2359 77.7
    Hinduism 13 0.4
    Other Religious Groups 21 0.7
    No Religion 621 20.5
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 133 11.8
    $400-$599 129 11.5
    $600-$799 109 9.7
    $800-$999 109 9.7
    $1,500-$1,999 153 13.6
    Others 491 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1048 41.1
    Employed, worked full-time 880 34.5
    Employed, worked part-time 447 17.5
    Unemployed, looking for work 88 3.5
    Employed, away from work 85 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 235 16.7
    Technicians & trades workers 227 16.1
    Clerical & administrative workers 237 16.8
    Sales 170 12.0
    Labourers 139 9.9
    Others 403 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 62 8.5
    Infants/Primary 260 35.8
    Secondary 203 28.0
    Technical or Further Educational Institution 87 12.0
    University or other Tertiary Institutions 96 13.2
    Others 18 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2936 93.8
    Flat, unit or apartment 130 4.2
    Semi-detached, row or terrace house, townhouse 61 1.9
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 485 39.1
    Fully owned 447 36.1
    Rented 304 24.5
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals