A steady increase in median property prices over a five-year period in the suburb translates to a 11.41% capital gain.
It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,660,000
The augmented property values in the suburb are trailing behind the territorial average of 5.34% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $930.
Home owners selling their properties and realtors in GLEBE usually have to wait an average of 50.6 days days before their assets are lifted off the market.
The NSW suburb ranks 1060th on the list of best yielding suburbs for rental properties in NSW, posting a 1.82% return.
It also places places 108th in Australia based on median property value growth during the quarter.
Glebe is a vibrant and historically affluent inner-city suburb located approximately 3 kilometres southwest of the Sydney Central Business District. It is part of the City of Sydney Local Government Area and is known for its eclectic mix of heritage architecture, cultural diversity, and lively community atmosphere.
According to the latest Census data, the suburb has a population of around 12,000. The median age of residents is 34, reflecting a youthful demographic that includes students, professionals, and young families. Glebe features a diverse housing landscape, including Victorian terraces, Edwardian homes, modern apartments, and renovated warehouse conversions. The area’s rich architectural history and urban energy make it desirable for those seeking character and convenience.
Public transport in Glebe is excellent, with regular bus services connecting the suburb to the Sydney CBD, the University of Sydney, and surrounding areas. The Glebe light rail stop provides an additional transport option, offering quick and easy access to Darling Harbour, Pyrmont, and Central Station. Glebe’s central location also makes it easily accessible by car, with major roads such as Parramatta Road running nearby.
One of Glebe’s most attractive features is its vibrant local culture. Glebe Point Road, the suburb’s main thoroughfare, has various cafes, restaurants, boutique shops, and bookstores, creating a lively and eclectic atmosphere. The street is well-known for its diverse dining options, from casual cafes to international cuisines. The Glebe Markets are a popular local event every Saturday at Glebe Public School. They offer vintage clothing, handmade crafts, and gourmet food stalls, drawing both locals and visitors.
Glebe is also home to several parks and green spaces, making it an excellent location for outdoor activities. The Glebe Foreshore is a key attraction, with walking and cycling paths that stretch along Rozelle Bay and Blackwattle Bay, offering scenic views of the Sydney skyline and harbour. Bicentennial Park and Jubilee Park are popular spots for picnics, jogging, and family outings, contributing to Glebe’s appeal for those who enjoy outdoor leisure.
The University of Sydney is located nearby, attracting a large student population. Several primary and secondary schools, including Glebe Public School and Sydney Secondary College, serve the local community, making Glebe an ideal location for families and students seeking close access to academic institutions.
Glebe offers a dynamic lifestyle that appeals to a wide range of residents. Its bustling street life, access to green spaces, proximity to the city and significant educational institutions make it one of Sydney’s most vibrant and diverse inner-city suburbs. Whether you’re looking for eclectic cafes, a rich cultural scene, or a peaceful spot by the bay, Glebe offers something for everyone.