Suburb Profile Report for Glenroy NSW (2640)

Glenroy House: Median price $340,000, Annual capital growth 0.61%, Number of sales 51, Weekly median advertised rent $330

Glenroy Unit: Median price $195,000, Annual capital growth -0.61%, Number of sales 15, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 1.49% for the last year, Glenroy, 2640 is the 2677th highest performer in Australia in this respect.

Over the longer term, Glenroy has seen property prices show investors a 11.48% return over the last 3 years. This is worse than over the last 12 months

At number 332th of NSW’s most discounted properties, Glenroy is in the bottom 30% of the state/territory when listing in order of most discounted to least.

At number 2974 in a list of fastest selling suburbs, Glenroy is in the bottom 30% of suburbs in Australia with an average of days on market 111.71 for properties listed there.

Property investors who have had real estate in Glenroy, 2640 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 -27.10%

The five-year average increase in median property values for Glenroy,2640 has given property investors a potential capital gain of -15.22% across each of those five years.

Sellers are offering property buyers an average discount of -8.88% to buyers in Glenroy at the moment, which is less than average for the rest of NSW.

Residents and property investors in Glenroy have been waiting around 138.18 days to sell a property.

Renters in Suburb are facing rents around $2940 per annum or $245 every week.

Metrics i HOUSE UNIT
$340,000 $195,000
-0.51% 2.63%
1.49% -27.10%
0.61% -0.61%
$330 $245
51 15
5.05% 6.53%
111.71 138.18

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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