Glenthorne is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 234, the suburb has a mature demographic with a median age of 46. Households earn a median income of $60K per year, with an average household size of 2.5 people. The most common occupations are sales, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Glenthorne is $590,000, having dropped significantly 45.7% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,647.
Public transport access includes 3 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Glenthorne offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -45.7% year-on-year.
Glenthorne is a quiet locality in New South Wales within the Mid-Coast local government area (postcode 2430). With a population of 234, the suburb has a mature demographic with a median age of 46. Households earn a median income of $60K per year, with an average household size of 2.5 people. The most common occupations are sales, professionals, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Glenthorne is $590,000, having dropped significantly 45.7% over the past year. The current median weekly rent is $495. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,647.
Public transport access includes 3 bus stops. The crime rate in the Mid-Coast LGA is below average at 3,753 incidents per 100,000 population.
From an investment perspective, Glenthorne offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.8x is considered moderate. House prices have moved -45.7% year-on-year.