Suburb Profile Report for Glebe NSW (2037)

Glebe House: Median price $1,708,500, Annual capital growth 7.56%, Number of sales 68, Weekly median advertised rent $900

Glebe Unit: Median price $890,000, Annual capital growth 8.57%, Number of sales 116, Weekly median advertised rent $560

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of 11.30% for the last 12 months, Glebe, 2037 has performed for property investments than its average annual 7.56% property growth over the last 5 years.

Across a shorter period, Glebe, 2037 has seen a median price increase of 5.46% over the last quarter.

Often selling an investment property can take time, and in Glebe the average time real estate has been on the market is 61.5 days.

Advertised rents are around the $900 mark per week – giving a return of 2.74% based on the median price in Suburb

Glebe has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 2.01% to date .

Across a shorter period, Glebe, 2037 has seen a median price increase of 0.00% over the last quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.74% offered to property buyers. Sellers in Glebe itself are offering an average vendor discount of -5.81% to real estate investors.

A $560 per week rent on the median house gives suburb investors a gross yield of circa 3.27%, without taking into account capital value appreciation, which has been averaging out at 8.57%.

Metrics i HOUSE UNIT
$1,708,500 $890,000
5.46% 0.00%
11.30% 2.01%
7.56% 8.57%
$900 $560
68 116
2.74% 3.27%
61.5 52.1515151515152

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 11123
Median household income ($/weekly) 1350
Median age of persons 35
Median housing loan repayment ($/monthly) 2817
Average household size 2
  • Census Count Percent(%)
    20-24 years 1240 11.1
    25-34 years 2619 23.5
    35-44 years 1738 15.6
    45-54 years 1321 11.9
    55-64 years 1354 12.2
    Others 2851 25.6
    Age Group
    Census Count Percent(%)
    Not Married 4781 57.1
    Registered Married 2302 27.5
    Defacto Relationship 1294 15.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 6383 64.0
    Papua New Guinea 386 3.9
    United Kingdom 635 6.4
    Viet Nam 219 2.2
    Other 673 6.7
    Others 1680 16.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 567 5.9
    Christianity 4603 48.2
    Islam 194 2.0
    Other Religious Groups 122 1.3
    No Religion 3914 41.0
    Others 141 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 363 8.4
    $400-$599 345 7.9
    $1,500-$1,999 401 9.2
    $2,500-$2,999 494 11.4
    $4,000 or more 392 9.0
    Others 2346 54.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3943 43.7
    Not in the labour force 2770 30.7
    Employed, worked part-time 1589 17.6
    Unemployed, looking for work 416 4.6
    Employed, away from work 305 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 867 14.8
    Professionals 2454 42.0
    Community & personal service workers 458 7.8
    Clerical & administrative workers 815 14.0
    Sales 437 7.5
    Others 808 13.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 371 15.1
    Secondary 381 15.5
    Technical or Further Educational Institution 303 12.3
    University or other Tertiary Institutions 1173 47.6
    Other type of educational institution 127 5.2
    Others 109 4.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 5051 52.4
    Flat, unit or apartment 3413 35.4
    Separate house 1072 11.1
    House or flat attached to a shop, office 100 1.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2950 63.2
    Fully owned 844 18.1
    Being purchased 830 17.8
    Other tenure type 46 1.0
    Tenure Type
Census 2011, ABS
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