Suburb Profile Report for Glenvale QLD (4350)

Glenvale House: Median price $375,500, Annual capital growth 2.75%, Number of sales 112, Weekly median advertised rent $350

Glenvale Unit: Median price $305,000, Annual capital growth -0.77%, Number of sales 19, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3270th in the list of Australian suburbs ordered by increase in median house value over the last year, Glenvale, 4350 is in the BOTTOM 30% with a property value increase of -2.47% recorded in median house prices.

Glenvale,4350 has offered an average of -2.47% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -5.23% to buyers in Glenvale at the moment, which is less than average for the rest of QLD.

QLD has seen average median house prices change by 0.65% which means that Glenvale, 4350 has done well for property investors by showing a capital gain of -3.48% over the last year

Over the longer term, Glenvale has seen property prices show investors a -4.39% return over the last 3 years. This is an improvement over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Glenvale is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 291th in terms of most discounted suburbs in QLD

On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.

The QLD suburb of Glenvale, 4350 is in the Toowoomba local government area.

Metrics i HOUSE UNIT
$375,500 $305,000
-2.09% -2.40%
-2.47% -3.48%
2.75% -0.77%
$350 $300
112 19
4.85% 5.11%
75.97 70.45

Source: CoreLogic

DSR Score for property investment : Above average (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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