Glennies Creek is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 33, the suburb has a mature demographic with a median age of 50. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are managers, sales, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Glennies Creek is $165,000, having dropped significantly 79.8% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 19.5%. The median monthly mortgage repayment is $1,733.
The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Glennies Creek offers a gross rental yield of 19.5%, rated as high yield. Property prices sit below the state median ($165K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -79.8% year-on-year.
Glennies Creek is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 33, the suburb has a mature demographic with a median age of 50. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are managers, sales, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Glennies Creek is $165,000, having dropped significantly 79.8% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 19.5%. The median monthly mortgage repayment is $1,733.
The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Glennies Creek offers a gross rental yield of 19.5%, rated as high yield. Property prices sit below the state median ($165K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 1.5x is considered affordable. House prices have moved -79.8% year-on-year.