Located in New South Wales within the Wagga Wagga local government area, Glenfield Park is a medium-sized suburb (postcode 2650). The area has roughly 5,078 residents and a mix of young professionals and families, with a median age of 35. Households earn a median income of $78K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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 community & personal service, technicians & trades, professionals. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Irish.
Glenfield Park has a median house price of $704,000, which has surged by 11.7% year-on-year. Units have a median price of $458,000 (+13% YoY). The current median weekly rent is $540. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,406.
Public transport access includes 23 bus stops. The crime rate in the Wagga Wagga LGA is moderate at 5,374 incidents per 100,000 population.
Looking at the investment signals, Glenfield Park shows a gross rental yield of approximately 4.0%, rated as moderate yield. Property prices sit below the state median ($704K/$1.5M), which can point to relative value. The price-to-income ratio of 9.0x is considered moderate. House prices have moved +11.7% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.