Glen Davis is a quiet locality in New South Wales within the Lithgow local government area (postcode 2846). With a population of 106, the suburb has an older demographic with a median age of 57. Households earn a median income of $42K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Glen Davis is $680,000, having risen modestly 1.1% over the past year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $867.
The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Glen Davis offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($680K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.1x is considered stretched. House prices have moved +1.1% year-on-year.
Glen Davis is a quiet locality in New South Wales within the Lithgow local government area (postcode 2846). With a population of 106, the suburb has an older demographic with a median age of 57. Households earn a median income of $42K per year, with an average household size of 2.1 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Glen Davis is $680,000, having risen modestly 1.1% over the past year. The median weekly rent is $250 (Census 2021). This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $867.
The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Glen Davis offers a gross rental yield of 1.9%, rated as low yield. Property prices sit below the state median ($680K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 16.1x is considered stretched. House prices have moved +1.1% year-on-year.