Suburb Profile Report for Glen Innes NSW (2370)

Glen Innes House: Median price $198,250, Annual capital growth 2.91%, Number of sales 110, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report

Glen Innes has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.51% to date .

Over the longer term, Glen Innes has seen property prices show investors a 7.16% return over the last 3 years. This is worse than over the last 12 months

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.35% offered to property buyers. Sellers in Glen Innes itself are offering an average vendor discount of -8.12% to real estate investors.

On average over the past year, suburb has had 9.17 sales per month, which equates to 110 per year.

Property investors should expect to get $240 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$198,250 N/A
-5.60% N/A
0.51% N/A
2.91% N/A
$240 N/A
110 N/A
6.30% N/A
145.25 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 6135
Median household income ($/weekly) 729
Median age of persons 45
Median housing loan repayment ($/monthly) 1083
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 781 12.7
    35-44 years 634 10.3
    45-54 years 818 13.3
    55-64 years 865 14.1
    65-74 years 727 11.9
    Others 2310 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 2029 46.1
    Not Married 1901 43.2
    Defacto Relationship 469 10.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 5465 93.9
    Greece 14 0.2
    Papua New Guinea 37 0.6
    United Kingdom 149 2.6
    Other 46 0.8
    Others 110 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 0.5
    Christianity 4742 83.2
    Judaism 14 0.2
    Other Religious Groups 32 0.6
    No Religion 858 15.1
    Others 25 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 279 12.4
    $400-$599 426 19.0
    $600-$799 299 13.3
    $800-$999 257 11.5
    $1,000-$1,249 203 9.1
    Others 777 34.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2177 46.0
    Employed, worked full-time 1376 29.1
    Employed, worked part-time 833 17.6
    Unemployed, looking for work 178 3.8
    Employed, away from work 167 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 326 13.7
    Professionals 329 13.9
    Technicians & trades workers 361 15.2
    Community & personal service workers 290 12.2
    Labourers 340 14.3
    Others 727 30.6
    Occupation
    Census Count Percent(%)
    Pre-school 106 8.0
    Infants/Primary 492 37.3
    Secondary 387 29.4
    Technical or Further Educational Institution 236 17.9
    University or other Tertiary Institutions 68 5.2
    Others 29 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5388 95.3
    Semi-detached, row or terrace house, townhouse 151 2.7
    Flat, unit or apartment 103 1.8
    Caravan, cabin, houseboat 7 0.1
    House or flat attached to a shop, office 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1028 42.3
    Rented 714 29.4
    Being purchased 670 27.6
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals