Glenellen is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2642). With a population of 130, the suburb has an older demographic with a median age of 55. Households earn a median income of $113K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, managers, technicians & trades. The top ancestries reported are Australian, English, German.
The median house price in Glenellen is $1.4 million, having surged 13.5% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,642.
Public transport access includes 6 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Glenellen offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.4x is considered stretched. House prices have moved +13.5% year-on-year.
Glenellen is a quiet locality in New South Wales within the Greater Hume Shire local government area (postcode 2642). With a population of 130, the suburb has an older demographic with a median age of 55. Households earn a median income of $113K per year, with an average household size of 2.5 people. The most common occupations are clerical & administrative, managers, technicians & trades. The top ancestries reported are Australian, English, German.
The median house price in Glenellen is $1.4 million, having surged 13.5% over the past year. The current median weekly rent is $490. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $1,642.
Public transport access includes 6 bus stops. The crime rate in the Greater Hume Shire LGA is below average at 2,149 incidents per 100,000 population.
From an investment perspective, Glenellen offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 12.4x is considered stretched. House prices have moved +13.5% year-on-year.