Suburb Profile Report for Glenore Grove QLD (4342)

Glenore Grove House: Median price $304,000, Annual capital growth 1.59%, Number of sales 17, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Glenore Grove has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.32% to date .

The five-year average increase in median property values for Glenore Grove,4342 has given property investors a potential capital gain of 10.55% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Glenore Grove is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 86th in terms of most discounted suburbs in QLD

At number 3323 in a list of fastest selling suburbs, Glenore Grove is in the bottom 20% of suburbs in Australia with an average of days on market 128.35 for properties listed there.

HOUSE UNIT
$304,000 N/A
-1.78% N/A
-6.32% N/A
1.59% N/A
N/A N/A
17 N/A
N/A N/A
128.35 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 743
Median household income ($/weekly) 1062
Median age of persons 43
Median housing loan repayment ($/monthly) 1276
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 100 13.5
    25-34 years 73 9.9
    35-44 years 94 12.7
    45-54 years 135 18.2
    55-64 years 103 13.9
    Others 236 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 309 54.7
    Not Married 190 33.6
    Defacto Relationship 66 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 616 87.3
    Greece 11 1.6
    Papua New Guinea 17 2.4
    United Kingdom 38 5.4
    Other 12 1.7
    Others 12 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 544 79.0
    No Religion 133 19.3
    Buddhism 6 0.9
    Other Religious Groups 6 0.9
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 27 11.5
    $600-$799 31 13.2
    $800-$999 25 10.7
    $1,250-$1,499 30 12.8
    $1,500-$1,999 29 12.4
    Others 92 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 217 37.5
    Employed, worked full-time 213 36.8
    Employed, worked part-time 103 17.8
    Employed, away from work 27 4.7
    Unemployed, looking for work 19 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 61 17.7
    Professionals 44 12.8
    Technicians & trades workers 47 13.6
    Machinery operators & drivers 47 13.6
    Labourers 52 15.1
    Others 94 27.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 65 38.9
    Secondary 53 31.7
    University or other Tertiary Institutions 25 15.0
    Technical or Further Educational Institution 20 12.0
    Pre-school 4 2.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 706 98.9
    Caravan, cabin, houseboat 8 1.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 113 42.6
    Fully owned 105 39.6
    Rented 47 17.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals