Glenorie (postcode 2157) is a smaller residential area in New South Wales within the The Hills Shire local government area. With a population of 3,792, the suburb has an established demographic with a median age of 42. Households earn a median income of $131K per year, with an average household size of 3.2 people. 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 managers, professionals, technicians & trades. Employment in the area leans toward construction and retail trade. The top ancestries reported are English, Australian, Italian.
Glenorie has a median house price of $2.2 million, which has fallen sharply by 22.5% year-on-year. The current median weekly rent is $850. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $3,000.
Glenorie is served by 2 schools, including 2 primary. The average ICSEA score is 1048, which is around the national average of 1,000. Public transport access includes 44 bus stops. The crime rate in the The Hills Shire LGA is low at 1,315 incidents per 100,000 population.
On the investment side, Glenorie shows a gross rental yield of approximately 2.0%, rated as low yield. Property prices are above the state median ($2.2M/$1.5M), placing it in the premium segment. The price-to-income ratio of 16.9x is considered stretched. House prices have moved -22.5% year-on-year.