Suburb Profile Report for Glenella QLD (4740)

Glenella House: Median price $484,000, Annual capital growth -0.21%, Number of sales 69, Weekly median advertised rent $470

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Glenella has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.75%

While Glenella,4740 ranked number 228th in QLD for increase in median house value (annualised) increase, it is ranked 643th over the last 5 years.

Sellers are offering property buyers an average discount of -6.76% to buyers in Glenella at the moment, which is less than average for the rest of QLD.

In the last year 69 properties changed hands in Glenella, which puts it as the 334th most active market in QLD when comparing the number of sales per suburb.

Property investors should expect to get $470 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$484,000 N/A
2.43% N/A
9.75% N/A
-0.21% N/A
$470 N/A
69 N/A
5.05% N/A
73.3703703703704 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4633
Median household income ($/weekly) 2394
Median age of persons 34
Median housing loan repayment ($/monthly) 2439
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 753 16.3
    25-34 years 606 13.1
    35-44 years 762 16.5
    45-54 years 739 16.0
    55-64 years 419 9.0
    Others 1353 29.2
    Age Group
    Census Count Percent(%)
    Registered Married 1840 61.3
    Not Married 863 28.7
    Defacto Relationship 301 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3783 86.3
    Papua New Guinea 117 2.7
    South Africa 103 2.3
    United Kingdom 111 2.5
    Other 73 1.7
    Others 197 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.5
    Christianity 3451 81.0
    Hinduism 32 0.8
    Islam 20 0.5
    No Religion 728 17.1
    Others 9 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 133 11.5
    $2,000-$2,499 132 11.4
    $2,500-$2,999 206 17.9
    $3,000-$3,499 140 12.1
    $4,000 or more 113 9.8
    Others 430 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1724 52.9
    Not in the labour force 723 22.2
    Employed, worked part-time 633 19.4
    Employed, away from work 128 3.9
    Unemployed, looking for work 49 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 302 12.2
    Professionals 450 18.1
    Technicians & trades workers 486 19.6
    Clerical & administrative workers 379 15.3
    Machinery operators & drivers 261 10.5
    Others 607 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 63 5.8
    Infants/Primary 527 48.3
    Secondary 294 26.9
    Technical or Further Educational Institution 63 5.8
    University or other Tertiary Institutions 127 11.6
    Others 18 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4028 96.8
    Semi-detached, row or terrace house, townhouse 104 2.5
    Flat, unit or apartment 22 0.5
    House or flat attached to a shop, office 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 679 49.3
    Fully owned 398 28.9
    Rented 295 21.4
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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