Suburb Profile Report for Glenvale QLD (4350)

Glenvale House: Median price $380,000, Annual capital growth 0.98%, Number of sales 169, Weekly median advertised rent $365

Glenvale Unit: Median price $300,000, Annual capital growth 1.29%, Number of sales 22, Weekly median advertised rent $328

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

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

  • House Report
  • Unit Report

Over the last year, property investments in Glenvale, 4350 have given investors a capital gain of 5.26%. This compares badly with the 12.16% for QLD as a whole.

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

At number 645th of QLD’s most discounted properties, Glenvale is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Glenvale is 280th on a list of best yielding suburbs for rents in QLD with a 4.99% return

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 Glenvale, 4350. Typically our figures indicate that -2.48% is being offered, which puts this QLD suburb at 886th most discounted overall in Australia.

At number 1456 in a list of fastest selling suburbs, Glenvale is in the bottom 10% of suburbs in Australia with an average of days on market 116.95 for properties listed there.

A $327.5 per week rent on the median house gives suburb investors a gross yield of circa 5.68%, without taking into account capital value appreciation, which has been averaging out at 1.29%.

Metrics i HOUSE UNIT
$380,000 $300,000
2.43% 14.29%
5.26% N/A
0.98% 1.29%
$365 $328
169 22
4.99% 5.68%
48.5864661654135 116.95

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

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 5405
Median household income ($/weekly) 1358
Median age of persons 32
Median housing loan repayment ($/monthly) 1725
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 819 15.2
    25-34 years 702 13.0
    35-44 years 698 12.9
    45-54 years 663 12.3
    55-64 years 539 10.0
    Others 1984 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 1930 51.7
    Not Married 1419 38.0
    Defacto Relationship 387 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4758 91.6
    Papua New Guinea 87 1.7
    South Africa 35 0.7
    United Kingdom 94 1.8
    Other 106 2.0
    Others 116 2.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.4
    Christianity 4179 82.9
    Islam 15 0.3
    Other Religious Groups 21 0.4
    No Religion 803 15.9
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 150 9.2
    $1,000-$1,249 159 9.8
    $1,250-$1,499 166 10.2
    $1,500-$1,999 266 16.4
    $2,000-$2,499 214 13.2
    Others 669 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1774 45.7
    Not in the labour force 1048 27.0
    Employed, worked part-time 803 20.7
    Employed, away from work 154 4.0
    Unemployed, looking for work 99 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 399 14.6
    Technicians & trades workers 476 17.4
    Clerical & administrative workers 476 17.4
    Sales 287 10.5
    Labourers 319 11.7
    Others 775 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 71 5.4
    Infants/Primary 546 41.3
    Secondary 370 28.0
    Technical or Further Educational Institution 120 9.1
    University or other Tertiary Institutions 193 14.6
    Others 22 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4883 96.3
    Flat, unit or apartment 185 3.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 705 39.0
    Rented 564 31.2
    Fully owned 515 28.5
    Other tenure type 25 1.4
    Tenure Type
Census 2011, ABS
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