Suburb Profile Report for Glenmore Park NSW (2745)

Glenmore Park House: Median price $760,000, Annual capital growth 7.12%, Number of sales 389, Weekly median advertised rent $500

Glenmore Park Unit: Median price $586,000, Annual capital growth 7.50%, Number of sales 29, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.67% which means that Glenmore Park, 2745 has done well for property investors by showing a capital gain of 7.42% over the last year

If we look at median property appreciation over just the last three months, Glenmore Park has given property investors a paper return of 1.33%. This puts Suburb as 810 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Glenmore Park is $760000, with sellers offering an average of -4.08% off the asking price.

At number 312 in a list of fastest selling suburbs, Glenmore Park is in the TOP 30% of suburbs in Australia with an average of days on market 34.22 for properties listed there.

Advertised rents are around the $500 mark per week – giving a return of 3.42% based on the median price in Suburb

Glenmore Park has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.57% to date .

A 64.79% growth in median value for property investors in Glenmore Park,2745 puts this suburb at number 108th in terms of best performing suburbs in NSW

A $420 per week rent on the median house gives suburb investors a gross yield of circa 3.73%, without taking into account capital value appreciation, which has been averaging out at 7.50%.

Metrics i HOUSE UNIT
$760,000 $586,000
1.33% 4.36%
7.42% 10.57%
7.12% 7.50%
$500 $420
389 29
3.42% 3.73%
34.22 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 20271
Median household income ($/weekly) 1930
Median age of persons 31
Median housing loan repayment ($/monthly) 2200
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 3595 17.7
    25-34 years 2878 14.2
    35-44 years 3539 17.5
    45-54 years 2827 13.9
    55-64 years 1741 8.6
    Others 5692 28.1
    Age Group
    Census Count Percent(%)
    Registered Married 8311 58.3
    Not Married 4787 33.6
    Defacto Relationship 1165 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 15525 78.8
    Indonesia 392 2.0
    Philippines 413 2.1
    United Kingdom 1067 5.4
    Other 683 3.5
    Others 1615 8.2
    Country of Birth
    Census Count Percent(%)
    Christianity 15588 80.8
    Hinduism 283 1.5
    Islam 261 1.4
    Other Religious Groups 269 1.4
    No Religion 2715 14.1
    Others 176 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 486 8.7
    $1,500-$1,999 924 16.5
    $2,000-$2,499 848 15.2
    $2,500-$2,999 734 13.1
    $3,000-$3,499 521 9.3
    Others 2081 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7580 52.1
    Not in the labour force 3170 21.8
    Employed, worked part-time 2806 19.3
    Employed, away from work 596 4.1
    Unemployed, looking for work 402 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 1435 13.1
    Professionals 1866 17.0
    Technicians & trades workers 1464 13.3
    Clerical & administrative workers 2226 20.3
    Sales 1159 10.6
    Others 2829 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 524 8.6
    Infants/Primary 2412 39.6
    Secondary 1827 30.0
    Technical or Further Educational Institution 446 7.3
    University or other Tertiary Institutions 753 12.4
    Others 124 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 18310 92.9
    Semi-detached, row or terrace house, townhouse 1344 6.8
    Flat, unit or apartment 55 0.3
    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 3597 59.1
    Rented 1296 21.3
    Fully owned 1185 19.5
    Other tenure type 13 0.2
    Tenure Type
Census 2011, ABS
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