Located in New South Wales within the Singleton local government area, Glendon is a small, quiet locality (postcode 2330). With a population of 114, the suburb has a settled, mature resident base with a median age of 47. Households earn a median income of $127K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.6% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, machinery operators & drivers, sales. Employment in the area leans toward mining and professional services. The top ancestries reported are Australian, English, Scottish.
Glendon has a median house price of $400,000, which has dropped significantly by 24.7% year-on-year. The current median weekly rent is $600. This gives a gross rental yield of approximately 7.8%. The median monthly mortgage repayment is $2,689.
Public transport access includes 2 bus stops. The crime rate in the Singleton LGA is below average at 3,442 incidents per 100,000 population.
From an investment perspective, Glendon shows a gross rental yield of approximately 7.8%, rated as high yield. Property prices sit below the state median ($400K/$1.5M), which can point to relative value. The price-to-income ratio of 3.1x is considered affordable. House prices have moved -24.7% year-on-year. Population growth of +0.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.