Glen Allen is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 55, the suburb has an established demographic with a median age of 39. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are English, Irish, Australian.
The median house price in Glen Allen is $370,000, having dropped significantly 44.8% over the past year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,500.
Public transport access includes 1 bus stop. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Glen Allen offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($370K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved -44.8% year-on-year.
Glen Allen is a quiet locality in New South Wales within the Snowy Monaro Regional local government area (postcode 2631). With a population of 55, the suburb has an established demographic with a median age of 39. Households earn a median income of $49K per year, with an average household size of 2.2 people. The most common occupations are managers, community & personal service, labourers. The top ancestries reported are English, Irish, Australian.
The median house price in Glen Allen is $370,000, having dropped significantly 44.8% over the past year. The median weekly rent is $300 (Census 2021). This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,500.
Public transport access includes 1 bus stop. The crime rate in the Snowy Monaro Regional LGA is below average at 2,178 incidents per 100,000 population.
From an investment perspective, Glen Allen offers a gross rental yield of 4.2%, rated as moderate yield. Property prices sit below the state median ($370K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved -44.8% year-on-year.