Glenore Grove

POSTAL CODE: QLD, 4342
HOUSE

Homeowners and real estate investors betting on GLENORE GROVE, 4342 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.45%.

A steady increase in median property prices over a five-year period in the suburb translates to a 27.66% capital gain.

Property investors in GLENORE GROVE enjoyed capital gains of 12.45% 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 $778,750.

Profits due to an upward trend in home prices there averaged 9.22% per annum over a 3-year period.

Home owners selling their properties and realtors in GLENORE GROVE usually have to wait an average of 37 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the N/A mark, reflecting a N/A increase in returns based on the current median price in GLENORE GROVE.

GLENORE GROVE, 4342 places 506th in Australia based on median property value growth during the quarter.

Surburb overview

Glenore Grove is a rural locality in the Lockyer Valley Region of Queensland, Australia, situated approximately 82 kilometres west of Brisbane and about 44.5 kilometres west-northwest of Ipswich. Covering an area of 27.4 square kilometres, the locality had a population of 953 people according to the 2021 Census.

Public transportation options in Glenore Grove are limited. Residents primarily rely on private vehicles for their daily commute. However, bus services operated by Greyhound Australia are available from nearby Plainland to Brisbane, with the journey taking approximately one hour.

Educational facilities within Glenore Grove include Glenore Grove State School, a government primary school located at 3 Brightview Road. The school caters to students from Prep to Year 6 and has an enrollment of 153 students, with a student-to-teacher ratio of 1:14.  For secondary education, students typically attend schools in nearby towns such as Laidley or Gatton.

Healthcare services are accessible in nearby towns. The closest medical facilities, including Curtis Medical and The Lockyer Doctors in Plainland, provide general medical services to residents of Glenore Grove.

Recreational activities in Glenore Grove are centred around its natural landscape and community facilities. The locality is predominantly rural, with land use including grazing on native vegetation and rural residential housing. Nearby attractions include Lake Clarendon, offering opportunities for fishing, boating, and picnicking.

Glenore Grove's blend of rural charm, essential services, and proximity to urban centres makes it an appealing destination for those seeking a tranquil lifestyle within reach of city amenities.

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