Suburb Profile Report for Glenmore Park NSW (2745)

Glenmore Park House: Median price $720,000, Annual capital growth 6.50%, Number of sales 373, Weekly median advertised rent $490

Glenmore Park Unit: Median price $535,000, Annual capital growth 6.85%, Number of sales 31, Weekly median advertised rent $420

  • 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 Glenmore Park, 2745 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 6.43%.

If we look at median property appreciation over just the last three months, Glenmore Park has given property investors a paper return of 1.77%. This puts Suburb as 751 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Glenmore Park are currently offering property investors an average price cut of -3.28% below the asking price at the moment.

A $490 per week rent on the median house gives suburb investors a gross yield of circa 3.54%, without taking into account capital value appreciation, which has been averaging out at 6.50%.

Giving property investors a a stable capital gain of 7.54% for the last year, Glenmore Park, 2745 is the 527th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Glenmore Park comes in at number 297th in NSW.

Glenmore Park2745 is located in NSW which offers an average discount of -4.41% to property investors. Glenmore Park itself is showing figures that indicate -4.86% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Glenmore Park have been waiting around 44.52 days to sell a property.

HOUSE UNIT
$720,000 $535,000
1.77% 0.94%
6.43% 7.54%
6.50% 6.85%
$490 $420
373 31
3.54% 4.08%
31.54 44.52

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Glenmore Park NSW
Demographics
Total population 20271
Median household income ($/weekly) 1930
Median age of persons 31
Median housing loan repayment ($/monthly) 2200
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 3595 17.7
    25-34 years 2878 14.2
    35-44 years 3539 17.5
    45-54 years 2827 13.9
    55-64 years 1741 8.6
    Others 5692 28.1
    Age Group
    Census Count Percent(%)
    Registered Married 8311 58.3
    Not Married 4787 33.6
    Defacto Relationship 1165 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 15525 78.8
    Indonesia 392 2.0
    Philippines 413 2.1
    United Kingdom 1067 5.4
    Other 683 3.5
    Others 1615 8.2
    Country of Birth
    Census Count Percent(%)
    Christianity 15588 80.8
    Hinduism 283 1.5
    Islam 261 1.4
    Other Religious Groups 269 1.4
    No Religion 2715 14.1
    Others 176 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 486 8.7
    $1,500-$1,999 924 16.5
    $2,000-$2,499 848 15.2
    $2,500-$2,999 734 13.1
    $3,000-$3,499 521 9.3
    Others 2081 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7580 52.1
    Not in the labour force 3170 21.8
    Employed, worked part-time 2806 19.3
    Employed, away from work 596 4.1
    Unemployed, looking for work 402 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1435 13.1
    Professionals 1866 17.0
    Technicians & trades workers 1464 13.3
    Clerical & administrative workers 2226 20.3
    Sales 1159 10.6
    Others 2829 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 524 8.6
    Infants/Primary 2412 39.6
    Secondary 1827 30.0
    Technical or Further Educational Institution 446 7.3
    University or other Tertiary Institutions 753 12.4
    Others 124 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 18310 92.9
    Semi-detached, row or terrace house, townhouse 1344 6.8
    Flat, unit or apartment 55 0.3
    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 3597 59.1
    Rented 1296 21.3
    Fully owned 1185 19.5
    Other tenure type 13 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals