Suburb Profile Report for Glenfield NSW (2167)

Glenfield House: Median price $670,500, Annual capital growth 6.50%, Number of sales 81, Weekly median advertised rent $500

Glenfield Unit: Median price $447,500, Annual capital growth 7.46%, Number of sales 30, Weekly median advertised rent $390

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Glenfield has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -11.83%

Glenfield,2167 has offered an average of -11.83% return per annum in house price rises to property investors over the last three years.

Glenfield2167 is located in NSW which offers an average discount of -7.38% to property investors. Glenfield itself is showing figures that indicate -7.86% is the average achievable by property buyers investing in the suburb.

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Giving property investors a a poor capital gain of -12.08% for the last year, Glenfield, 2167 is the 1279th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glenfield has increased when compared to the 5 year average annual rate.

Property buyers and investors in Glenfield 2167 should be seeing an average reduction in asking price of around -8.77% . This means that Glenfield is holding prices well when compared to other suburbs in NSW.

Metrics i HOUSE UNIT
$670,500 $447,500
-0.67% -0.89%
-11.83% -12.08%
6.50% 7.46%
$500 $390
81 30
3.88% 4.53%
66.6567164179105 68.3214285714286

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Glenfield NSW
Demographics
Total population 7558
Median household income ($/weekly) 1394
Median age of persons 36
Median housing loan repayment ($/monthly) 1965
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 924 12.2
    25-34 years 1146 15.2
    35-44 years 1027 13.6
    45-54 years 1022 13.5
    55-64 years 843 11.2
    Others 2595 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 2867 53.2
    Not Married 2210 41.0
    Defacto Relationship 316 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3838 55.6
    Indonesia 471 6.8
    Philippines 272 3.9
    United Kingdom 221 3.2
    Other 842 12.2
    Others 1256 18.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 251 3.7
    Christianity 4419 65.1
    Hinduism 550 8.1
    Islam 585 8.6
    No Religion 854 12.6
    Others 124 1.8
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 187 8.5
    $1,000-$1,249 199 9.1
    $1,250-$1,499 192 8.8
    $1,500-$1,999 313 14.3
    $2,000-$2,499 279 12.7
    Others 1020 46.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2445 44.3
    Not in the labour force 1764 32.0
    Employed, worked part-time 852 15.4
    Unemployed, looking for work 257 4.7
    Employed, away from work 200 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 706 20.2
    Technicians & trades workers 448 12.8
    Community & personal service workers 333 9.5
    Clerical & administrative workers 680 19.5
    Machinery operators & drivers 345 9.9
    Others 983 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 114 6.3
    Infants/Primary 510 28.3
    Secondary 591 32.7
    Technical or Further Educational Institution 217 12.0
    University or other Tertiary Institutions 329 18.2
    Others 44 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4845 70.8
    Semi-detached, row or terrace house, townhouse 1912 27.9
    Flat, unit or apartment 86 1.3
    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 1094 46.4
    Fully owned 662 28.1
    Rented 586 24.8
    Other tenure type 18 0.8
    Tenure Type
Census 2011, ABS
Chart Table