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Glenfield Park
AREA REPORTS

Glenfield Park

Glenfield Park - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2650

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 6.15% capital gain.

Property investors in GLENFIELD PARK enjoyed capital gains of 7.81% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $345,000.

Profits due to an upward trend in home prices there averaged 2.05% per annum over a 3-year period.

Home owners selling their properties and realtors in GLENFIELD PARK usually have to wait an average of 76.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $360 mark, reflecting a 5.43% increase in returns based on the current median price in GLENFIELD PARK.

GLENFIELD PARK, 2650 places 722nd in Australia based on median property value growth during the quarter.

Data report can be found below

Glenfield Park
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $345,000 $260,500
GROWTH REPORT
Median Quarterly 2.99% 2.16%
Median 12 month 7.81% N/A
Median 3 years 6.15% N/A
Median 5 years 16.55% 9.92%
10 years average annual 1.15% -4.15%
Weekly media advert. rent $360 $310
Time on Market 76.3 days 106.8 days
Gross Rental Yield Percent 5.43% 6.19%
demographics (median values)*
Total Population
56974
Weekly Household Income
1349
Household Size
2.50
Age
36
Monthly Loan Repayment
1521
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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