Glencoe is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2365). With a population of 166, the suburb has an older demographic with a median age of 55. Households earn a median income of $73K per year, with an average household size of 2.1 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Glencoe is $500,000, having surged 257.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,192.
Public transport access includes 1 rail station, 7 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Glencoe offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved +257.1% year-on-year.
Glencoe is a quiet locality in New South Wales within the Glen Innes Severn local government area (postcode 2365). With a population of 166, the suburb has an older demographic with a median age of 55. Households earn a median income of $73K per year, with an average household size of 2.1 people. The most common occupations are managers, clerical & administrative, sales. The top ancestries reported are Australian, English, Scottish.
The median house price in Glencoe is $500,000, having surged 257.1% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,192.
Public transport access includes 1 rail station, 7 bus stops. The crime rate in the Glen Innes Severn LGA is moderate at 4,723 incidents per 100,000 population.
From an investment perspective, Glencoe offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 6.8x is considered moderate. House prices have moved +257.1% year-on-year.