Glenugie is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,298, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Glenugie is $718,000, having surged 45.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,300.
Public transport access includes 11 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Glenugie offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($718K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +45.2% year-on-year.
Glenugie is a small community in New South Wales within the Clarence Valley local government area (postcode 2460). With a population of 1,298, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $61K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, clerical & administrative. The top ancestries reported are Australian, English, Scottish.
The median house price in Glenugie is $718,000, having surged 45.2% over the past year. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,300.
Public transport access includes 11 bus stops. The crime rate in the Clarence Valley LGA is moderate at 4,981 incidents per 100,000 population.
From an investment perspective, Glenugie offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($718K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 11.8x is considered stretched. House prices have moved +45.2% year-on-year.