Glen Oak is a quiet locality in New South Wales within the Port Stephens local government area (postcode 2320). With a population of 426, the suburb has an established demographic with a median age of 40. Households earn a median income of $113K per year, with an average household size of 3.3 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Glen Oak is $1.2 million, having surged 34.4% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 6 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Glen Oak offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +34.4% year-on-year.
Glen Oak is a quiet locality in New South Wales within the Port Stephens local government area (postcode 2320). With a population of 426, the suburb has an established demographic with a median age of 40. Households earn a median income of $113K per year, with an average household size of 3.3 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Glen Oak is $1.2 million, having surged 34.4% over the past year. The current median weekly rent is $600. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,167.
Public transport access includes 6 bus stops. The crime rate in the Port Stephens LGA is below average at 3,106 incidents per 100,000 population.
From an investment perspective, Glen Oak offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +34.4% year-on-year.