Powered by MOMENTUM MEDIA
Glen Innes
AREA REPORTS

Glen Innes

Glen Innes - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2370

house

GLEN INNES, 2370 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling GLEN INNES, 2370 values up and netting property investors a capital gain of 31.58% for the past year.

Investors saw the median home price rise to $250,000.

Profits due to an upward trend in home prices in the suburb averaged 6.35% per annum over a 3-year period.

GLEN INNES now ranks at the 161st place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in GLEN INNES are high, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $250 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In GLEN INNES, homes and units usually stay on listing for an average of 111.2 days.

In 2016, 150 properties were sold in GLEN INNES during the past year, making it the 1140th most active market in NSW based on total real estate transactions.

Data report can be found below

Glen Innes
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $250,000 N/A
GROWTH REPORT
Median Quarterly 9.89% N/A
Median 12 month 31.58% N/A
Median 3 years 19.05% N/A
Median 5 years 34.41% N/A
10 years average annual 3.59% N/A
Weekly media advert. rent $250 N/A
Time on Market 111.2 days N/A
Gross Rental Yield Percent 5.2% N/A
demographics (median values)*
Total Population
7687
Weekly Household Income
857
Household Size
2.20
Age
46
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.