Suburb Profile Report for Glenmore Park NSW (2745)

Glenmore Park House: Median price $865,000, Annual capital growth -2.44%, Number of sales 462, Weekly median advertised rent $250

Glenmore Park Unit: Median price $600,000, Annual capital growth 0.05%, Number of sales 67, Weekly median advertised rent $475

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Glenmore Park is in the bottom 30% in NSW when comparing median price capital growth over the last year. Glenmore Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.00%.

The five-year average increase in median property values for Glenmore Park,2745 has given property investors a potential capital gain of -7.69% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glenmore Park, 2745. Typically our figures indicate that -7.31% is being offered, which puts this NSW suburb at 127th most discounted overall in Australia.

Often selling an investment property can take time, and in Glenmore Park the average time real estate has been on the market is 44.48 days.

Advertised rents are around the $250 mark per week – giving a return of 8.67% based on the median price in Suburb

If you compare the increase in value of investment property in Glenmore Park, 2745 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 18.41%.

Glenmore Park,2745 was ranked 1376 in Australia by increase in median property value over the quarter.

Property buyers and investors in Glenmore Park 2745 should be seeing an average reduction in asking price of around -5.49% . This means that Glenmore Park is holding prices well when compared to other suburbs in NSW.

In the last year 67 properties changed hands in Glenmore Park, which puts it as the 245th most active market in NSW when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$865,000 $600,000
2.04% 2.04%
0.00% 18.41%
-2.44% 0.05%
$250 $475
462 67
8.67% 4.49%
44.48 38.7251908396947

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Above average (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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