Glen Ward is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 3, the suburb has an older demographic with a median age of 70. Households earn a median income of $38K per year, with an average household size of 2 people.
The median house price in Glen Ward is $470,000, having surged 88% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 5.8%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Glen Ward offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($470K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +88.0% year-on-year.
Glen Ward is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2422). With a population of 3, the suburb has an older demographic with a median age of 70. Households earn a median income of $38K per year, with an average household size of 2 people.
The median house price in Glen Ward is $470,000, having surged 88% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 5.8%.
The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Glen Ward offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($470K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +88.0% year-on-year.