Glenwood is a well-established suburb in New South Wales within the Blacktown local government area (postcode 2768). With a population of 15,829, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $160K per year, with an average household size of 3.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Glenwood is $1.7 million, having risen modestly 0.7% over the past year. Units have a median price of $1.1 million (+25.7% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
Glenwood is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 1 rail station, 57 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Glenwood offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +0.7% year-on-year.
Glenwood is a well-established suburb in New South Wales within the Blacktown local government area (postcode 2768). With a population of 15,829, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $160K per year, with an average household size of 3.5 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Indian, Australian, English.
The median house price in Glenwood is $1.7 million, having risen modestly 0.7% over the past year. Units have a median price of $1.1 million (+25.7% YoY). The current median weekly rent is $835. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,600.
Glenwood is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1103, which is well above the national average of 1,000. Public transport access includes 1 rail station, 57 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Glenwood offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($1.7M/$1.5M). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +0.7% year-on-year.