Glen Alice is a quiet locality in New South Wales within the Lithgow local government area (postcode 2849). With a population of 56, the suburb has a mature demographic with a median age of 52. Households earn a median income of $80K per year, with an average household size of 2.1 people. The most common occupations are labourers, sales, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Glen Alice is $728,000, having dropped significantly 33.9% over the past year. The median weekly rent is $185 (Census 2021). This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,950.
Glen Alice is served by 1 school, including 1 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Glen Alice offers a gross rental yield of 1.3%, rated as low yield. Property prices sit below the state median ($728K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved -33.9% year-on-year.
Glen Alice is a quiet locality in New South Wales within the Lithgow local government area (postcode 2849). With a population of 56, the suburb has a mature demographic with a median age of 52. Households earn a median income of $80K per year, with an average household size of 2.1 people. The most common occupations are labourers, sales, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Glen Alice is $728,000, having dropped significantly 33.9% over the past year. The median weekly rent is $185 (Census 2021). This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $1,950.
Glen Alice is served by 1 school, including 1 primary. The average ICSEA score is 908, which is below the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Glen Alice offers a gross rental yield of 1.3%, rated as low yield. Property prices sit below the state median ($728K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved -33.9% year-on-year.