Suburb Profile Report for Glenmore Park NSW (2745)

Glenmore Park House: Median price $723,750, Annual capital growth 6.65%, Number of sales 366, Weekly median advertised rent $480

Glenmore Park Unit: Median price $530,000, Annual capital growth 6.76%, Number of sales 29, Weekly median advertised rent $425

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 5.66% for the last 12 months, Glenmore Park, 2745 has performed for property investments than its average annual 6.65% property growth over the last 5 years.

While Glenmore Park,2745 ranked number 711th in NSW for increase in median house value (annualised) increase, it is ranked 525th over the last 5 years.

Property investors looking for a bargain in Glenmore Park should be aiming for at least -3.46% off the asking price, which is the average vendor discount being achieved at the moment.

A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.45%, without taking into account capital value appreciation, which has been averaging out at 6.65%.

Glenmore Park, 2745 ranked 328th in NSW when comparing growth in median property values or capital gain over the last 12 months. Glenmore Park is one of 3163 in our list for NSW

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

Property investors looking for a bargain in Glenmore Park should be aiming for at least -5.63% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $5100 per annum or $425 every week.

Metrics i HOUSE UNIT
$723,750 $530,000
1.94% -0.47%
5.66% 3.52%
6.65% 6.76%
$480 $425
366 29
3.45% 4.17%
31.94 46.84

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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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
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