Suburb Profile Report for Glendale NSW (2285)

Glendale House: Median price $470,000, Annual capital growth 4.46%, Number of sales 47, Weekly median advertised rent $395

  • 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

With a capital gain of -3.89% for the last 12 months, Glendale, 2285 has performed for property investments than its average annual 4.46% property growth over the last 5 years.

Glendale,2285 was ranked 3281 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Glendale is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 449th in terms of most discounted suburbs in NSW

Situated 112.28km from the CBD, Glendale is one of Lake Macquarie (C) localities in the postcode 2285.

Metrics i HOUSE UNIT
$470,000 N/A
-3.09% N/A
-3.89% N/A
4.46% N/A
$395 N/A
47 N/A
4.37% N/A
54.7560975609756 N/A

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 : Good (H), Balanced (U)
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Demographics
Total population 3282
Median household income ($/weekly) 1059
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 404 12.3
    25-34 years 415 12.6
    35-44 years 457 13.9
    45-54 years 412 12.5
    55-64 years 450 13.7
    Others 1145 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 1199 48.6
    Not Married 1037 42.0
    Defacto Relationship 233 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2866 91.0
    Indonesia 22 0.7
    Papua New Guinea 29 0.9
    United Kingdom 90 2.9
    Other 32 1.0
    Others 109 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.5
    Christianity 2359 77.7
    Hinduism 13 0.4
    Other Religious Groups 21 0.7
    No Religion 621 20.5
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 133 11.8
    $400-$599 129 11.5
    $600-$799 109 9.7
    $800-$999 109 9.7
    $1,500-$1,999 153 13.6
    Others 491 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1048 41.1
    Employed, worked full-time 880 34.5
    Employed, worked part-time 447 17.5
    Unemployed, looking for work 88 3.5
    Employed, away from work 85 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 235 16.7
    Technicians & trades workers 227 16.1
    Clerical & administrative workers 237 16.8
    Sales 170 12.0
    Labourers 139 9.9
    Others 403 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 62 8.5
    Infants/Primary 260 35.8
    Secondary 203 28.0
    Technical or Further Educational Institution 87 12.0
    University or other Tertiary Institutions 96 13.2
    Others 18 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2936 93.8
    Flat, unit or apartment 130 4.2
    Semi-detached, row or terrace house, townhouse 61 1.9
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 485 39.1
    Fully owned 447 36.1
    Rented 304 24.5
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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