Suburb Profile Report for Glenroy NSW (2640)

Glenroy House: Median price $350,000, Annual capital growth 0.86%, Number of sales 47, Weekly median advertised rent $330

Glenroy Unit: Median price $195,000, Annual capital growth N/A, Number of sales 17, Weekly median advertised rent $248

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2626th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenroy, 2640 is in the BOTTOM 40% with a property value increase of 2.71% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Glenroy comes in at number 1198th in NSW.

Glenroy2640 is located in NSW which offers an average discount of -5.28% to property investors. Glenroy itself is showing figures that indicate -5.87% is the average achievable by property buyers investing in the suburb.

LACK OF BUYER INTEREST may well be the reason that Glenroy is offering property investors an average of -4.16. This rate of discount on properties puts Suburb at number 16th in terms of most discounted suburbs in NSW

At number 1424 in a list of fastest selling suburbs, Glenroy is in the bottom 10% of suburbs in Australia with an average of days on market 143.75 for properties listed there.

Property investors should expect to get $247.5 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$350,000 $195,000
1.45% N/A
2.71% N/A
0.86% N/A
$330 $248
47 17
4.90% 6.60%
96.79 143.75

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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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