Glenridding is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 259, the suburb has an established demographic with a median age of 44. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are machinery operators & drivers, technicians & trades, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Glenridding is $745,000, having surged 41% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 6 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Glenridding offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($745K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +41.0% year-on-year.
Glenridding is a quiet locality in New South Wales within the Singleton local government area (postcode 2330). With a population of 259, the suburb has an established demographic with a median age of 44. Households earn a median income of $59K per year, with an average household size of 2.2 people. The most common occupations are machinery operators & drivers, technicians & trades, labourers. The top ancestries reported are English, Australian, Aboriginal Australian.
The median house price in Glenridding is $745,000, having surged 41% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,733.
Public transport access includes 6 bus stops. The crime rate in the Singleton LGA is below average at 3,401 incidents per 100,000 population.
From an investment perspective, Glenridding offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($745K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 12.5x is considered stretched. House prices have moved +41.0% year-on-year.