Suburb Profile Report for Glenvale QLD (4350)

Glenvale House: Median price $377,500, Annual capital growth 3.53%, Number of sales 107, Weekly median advertised rent $355

Glenvale Unit: Median price $313,000, Annual capital growth -0.18%, Number of sales 30, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

Glenvale is in the bottom 30% in QLD when comparing median price capital growth over the last year. Glenvale gave property investors a disappointing capital gain figure when compared to the rest of the state, with -4.31%.

Taking the average capital gain, or increase in median house value, Glenvale,4350 has racked up an average of -4.31% over the period. This ranks it number 2806th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Glenvale should be aiming for at least -5.21% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1256 in a list of fastest selling suburbs, Glenvale is in the TOP 40% of suburbs in Australia with an average of days on market 65.9 for properties listed there.

Glenvale is 335th on a list of best yielding suburbs for rents in QLD with a 4.89% return

Investment property in Glenvale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.79%

Across a shorter period, Glenvale, 4350 has seen a median price increase of -2.34% over the last quarter.

Property buyers and investors in Glenvale 4350 should be seeing an average reduction in asking price of around -3.74% . This means that Glenvale is holding prices well when compared to other suburbs in QLD.

Often selling an investment property can take time, and in Glenvale the average time real estate has been on the market is 84 days.

A $295 per week rent on the median house gives suburb investors a gross yield of circa 4.90%, without taking into account capital value appreciation, which has been averaging out at -0.18%.

HOUSE UNIT
$377,500 $313,000
-1.95% -2.34%
-4.31% 1.79%
3.53% -0.18%
$355 $295
107 30
4.89% 4.90%
65.9 84

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Glenvale QLD
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
Chart Table
Recent sales & rentals