Suburb Profile Report for Glenvale QLD (4350)

Glenvale House: Median price $381,000, Annual capital growth 2.90%, Number of sales 112, Weekly median advertised rent $350

Glenvale Unit: Median price $310,000, Annual capital growth -0.35%, Number of sales 21, Weekly median advertised rent $290

  • 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 -1.04% for the last year, Glenvale, 4350 is the 3062th highest performer in Australia in this respect.

Across a shorter period, Glenvale, 4350 has seen a median price increase of -1.04% over the last quarter.

Property investors looking for a bargain in Glenvale should be aiming for at least -5.13% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Glenvale have been waiting around 75.18 days to sell a property.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 2.90%, investors should hope to achieve an overall return of 4.78%

Glenvale has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.00% to date .

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.14% offered to property buyers. Sellers in Glenvale itself are offering an average vendor discount of -4.21% to real estate investors.

Situated 63.53km from the CBD, Glenvale is one of Toowoomba localities in the postcode 4350.

Metrics i HOUSE UNIT
$381,000 $310,000
-1.04% -0.80%
-1.04% 0.00%
2.90% -0.35%
$350 $290
112 21
4.78% 4.86%
75.18 70.23

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 5405
Median household income ($/weekly) 1358
Median age of persons 32
Median housing loan repayment ($/monthly) 1725
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 819 15.2
    25-34 years 702 13.0
    35-44 years 698 12.9
    45-54 years 663 12.3
    55-64 years 539 10.0
    Others 1984 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 1930 51.7
    Not Married 1419 38.0
    Defacto Relationship 387 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4758 91.6
    Papua New Guinea 87 1.7
    South Africa 35 0.7
    United Kingdom 94 1.8
    Other 106 2.0
    Others 116 2.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.4
    Christianity 4179 82.9
    Islam 15 0.3
    Other Religious Groups 21 0.4
    No Religion 803 15.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 150 9.2
    $1,000-$1,249 159 9.8
    $1,250-$1,499 166 10.2
    $1,500-$1,999 266 16.4
    $2,000-$2,499 214 13.2
    Others 669 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1774 45.7
    Not in the labour force 1048 27.0
    Employed, worked part-time 803 20.7
    Employed, away from work 154 4.0
    Unemployed, looking for work 99 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 399 14.6
    Technicians & trades workers 476 17.4
    Clerical & administrative workers 476 17.4
    Sales 287 10.5
    Labourers 319 11.7
    Others 775 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 71 5.4
    Infants/Primary 546 41.3
    Secondary 370 28.0
    Technical or Further Educational Institution 120 9.1
    University or other Tertiary Institutions 193 14.6
    Others 22 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4883 96.3
    Flat, unit or apartment 185 3.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 705 39.0
    Rented 564 31.2
    Fully owned 515 28.5
    Other tenure type 25 1.4
    Tenure Type
Census 2011, ABS
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