Suburb Profile Report for Glenroy NSW (2640)

Glenroy House: Median price $340,750, Annual capital growth 0.67%, Number of sales 58, Weekly median advertised rent $320

Glenroy Unit: Median price $190,000, Annual capital growth -21.59%, Number of sales 12, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Glenroy, 2640 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 2.48%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenroy has increased when compared to the 5 year average annual rate.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Glenroy itself are offering an average vendor discount of -6.57% to real estate investors.

Glenroy is 211th on a list of best yielding suburbs for rents in NSW with a 4.88% return

Over the last year, property investments in Glenroy, 2640 have given investors a capital gain of -21.59%. This compares very badly with the 5.59% for NSW as a whole.

Glenroy,2640 was ranked 673 in Australia by increase in median property value over the quarter.

Situated 423.05km from the CBD, Glenroy is one of Albury localities in the postcode 2640.

HOUSE UNIT
$340,750 $190,000
-0.22% 1.33%
2.48% -21.59%
0.67% -21.59%
$320 $240
58 12
4.88% 6.57%
102.22 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 2948
Median household income ($/weekly) 1342
Median age of persons 37
Median housing loan repayment ($/monthly) 1469
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 466 15.8
    25-34 years 324 11.0
    35-44 years 473 16.0
    45-54 years 414 14.0
    55-64 years 329 11.2
    Others 944 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 1146 54.0
    Not Married 768 36.2
    Defacto Relationship 208 9.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2569 90.2
    Papua New Guinea 31 1.1
    South Africa 15 0.5
    United Kingdom 80 2.8
    Other 49 1.7
    Others 104 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.6
    Christianity 2179 79.4
    Hinduism 15 0.5
    Other Religious Groups 6 0.2
    No Religion 495 18.0
    Others 5 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 88 9.1
    $600-$799 94 9.8
    $800-$999 100 10.4
    $1,500-$1,999 168 17.4
    $2,000-$2,499 143 14.8
    Others 370 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 905 40.3
    Not in the labour force 652 29.0
    Employed, worked part-time 532 23.7
    Employed, away from work 98 4.4
    Unemployed, looking for work 61 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 179 11.7
    Professionals 260 16.9
    Technicians & trades workers 231 15.0
    Clerical & administrative workers 236 15.4
    Sales 188 12.2
    Others 441 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 59 7.5
    Infants/Primary 286 36.2
    Secondary 241 30.5
    Technical or Further Educational Institution 96 12.2
    University or other Tertiary Institutions 95 12.0
    Others 13 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2543 90.8
    Flat, unit or apartment 246 8.8
    Semi-detached, row or terrace house, townhouse 11 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 450 43.1
    Fully owned 348 33.3
    Rented 242 23.2
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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