Glenwood

POSTAL CODE: NSW, 2768

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb 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 $1,700,000.

The upward trend in home prices in GLENWOOD, 2768 averaged 7.09% per annum over a 3-year period.

Average weekly rents on listings have reached the $850 mark, reflecting a 2.6% increase in returns based on the current median price in GLENWOOD.

An average of 14.08 real estate transactions take place per month in GLENWOOD which translates to 169 per annum.

169 properties were sold in GLENWOOD in 2016, making it the 1043rd most active market in NSW based on total real estate transactions.

GLENWOOD, 2768 places th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,700,000	N/A
Growth Report
Median Quarterly	0%	N/A
Median 12 month	3.34%	N/A
Median 3 years	21.26%	N/A
Median 5 years	57.41%	N/A
10 years average annual	6.92%	N/A
Weekly media advert. rent	$850	N/A
Time on Market	59.3 days	N/A
Gross Rental Yield Percent	2.6%	N/A

Demographics (Median Values)*

Total Population 28762

Weekly Household Income 2400

Household Size 3.50

Average Age 34

Monthly Loan Repayment 2492

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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