Suburb Profile Report for Glen Eden QLD (4680)

Glen Eden House: Median price $256,000, Annual capital growth -3.79%, Number of sales 20, Weekly median advertised rent $240

Glen Eden Unit: Median price $88,800, Annual capital growth N/A, Number of sales 25, Weekly median advertised rent $220

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

QLD has seen average median house prices change by 2.19% which means that Glen Eden, 4680 has done well for property investors by showing a capital gain of -22.42% over the last year

While Glen Eden,4680 ranked number 854th in QLD for increase in median house value (annualised) increase, it is ranked 800th over the last 5 years.

At number 34th of QLD’s most discounted properties, Glen Eden is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $240 and the average annual increase in value of a median property of -3.79%, investors should hope to achieve an overall return of 4.88%

Vendor discounting in Glen Eden is giving property investors an average Vendor Discount of around -3.30%. This puts suburb at number 295th in QLD when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Glen Eden the average time real estate has been on the market is 147.58 days.

Renters in Suburb are facing rents around $11440 per annum or $220 every week.

Metrics i HOUSE UNIT
$256,000 $88,800
-11.72% N/A
-22.42% N/A
-3.79% N/A
$240 $220
20 25
4.88% 12.88%
108.36 147.58

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1969
Median household income ($/weekly) 2517
Median age of persons 30
Median housing loan repayment ($/monthly) 2400
Average household size 3.2
  • Census Count Percent(%)
    0-4 years 210 10.7
    5-14 years 350 17.8
    25-34 years 347 17.6
    35-44 years 312 15.8
    45-54 years 244 12.4
    Others 506 25.7
    Age Group
    Census Count Percent(%)
    Registered Married 719 60.3
    Not Married 268 22.5
    Defacto Relationship 205 17.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1579 86.4
    Papua New Guinea 67 3.7
    South Africa 31 1.7
    United Kingdom 51 2.8
    Other 33 1.8
    Others 66 3.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1233 71.6
    No Religion 470 27.3
    Buddhism 8 0.5
    Other Religious Groups 6 0.3
    Islam 4 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 74 14.9
    $2,000-$2,499 71 14.3
    $2,500-$2,999 104 21.0
    $3,000-$3,499 68 13.7
    $4,000 or more 39 7.9
    Others 139 28.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 731 55.9
    Not in the labour force 304 23.2
    Employed, worked part-time 194 14.8
    Employed, away from work 48 3.7
    Unemployed, looking for work 31 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 133 13.7
    Technicians & trades workers 232 23.9
    Clerical & administrative workers 145 14.9
    Machinery operators & drivers 108 11.1
    Labourers 100 10.3
    Others 254 26.1
    Occupation
    Census Count Percent(%)
    Pre-school 19 4.4
    Infants/Primary 228 52.9
    Secondary 102 23.7
    Technical or Further Educational Institution 34 7.9
    University or other Tertiary Institutions 39 9.0
    Others 9 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1738 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 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 303 54.5
    Rented 165 29.7
    Fully owned 88 15.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals