Glenbrook

POSTAL CODE: NSW, 2773

HOUSE

UNIT

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 $1,725,000.

The upward trend in home prices in GLENBROOK, 2773 averaged 11.03% per annum over a 3-year period.

Average weekly rents on listings have reached the $740 mark, reflecting a 2.23% increase in returns based on the current median price in GLENBROOK.

An average of 6.08 real estate transactions take place per month in GLENBROOK which translates to 73 per annum.

73 properties were sold in GLENBROOK in 2016, making it the 160th most active market in NSW based on total real estate transactions.

GLENBROOK, 2773 places 744th in Australia based on median property value growth during the quarter.

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 $1,000,000.

Average median unit prices in NSW have risen as a whole, pulling GLENBROOK, 2773 values up and netting property investors a capital gain of 4.17% for the past year.

Investors saw the median home price rise to $1,000,000.

The upward trend in home prices in GLENBROOK, 2773 averaged 0% per annum over a 3-year period.

GLENBROOK now ranks at the th 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 GLENBROOK are high, as opposed to average gains per annum over the past five years.

Real estate investors could earn a rental income of N/A based on current median home prices for the suburb.

It is expected for properties to spend some time on the market prior to a successful sale. In GLENBROOK, homes and units usually stay on listing for an average of N/A.

10 properties were sold in GLENBROOK in 2016, making it the 649th most active market in NSW based on total real estate transactions.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,725,000	$1,000,000
Growth Report
Median Quarterly	1.47%	0%
Median 12 month	11.29%	4.17%
Median 3 years	33.08%	0%
Median 5 years	64.05%	0%
10 years average annual	7.77%	4.17%
Weekly media advert. rent	$740	N/A
Time on Market	60.6 days	N/A
Gross Rental Yield Percent	2.23%	0%

Demographics (Median Values)*

Total Population 6010

Weekly Household Income 2098

Household Size 2.80

Average Age 43

Monthly Loan Repayment 2000

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

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