The Glen NSW

Postcode 2476 · Kyogle LGA

The Glen is a quiet locality in New South Wales within the Kyogle local government area (postcode 2476). With a population of 5, the suburb has a mature demographic with a median age of 48. Households earn a median income of $72K per year, with an average household size of 2 people.

The median house price in The Glen is $650,000, having remained flat 0% over the past year. The current median weekly rent is $200. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $1,517.

The crime rate in the Kyogle LGA is below average at 2,306 incidents per 100,000 population.

From an investment perspective, The Glen offers a gross rental yield of 1.6%, rated as low yield. Property prices sit below the state median ($650K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 9.1x is considered moderate. House prices have moved +0.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.6% Low Yield
Price vs State$650K/$1.5M Below Median
Affordability9.1x Moderate
Price Momentum+0.0% Stable
SEIFA INDEX (ABS)
Advantage5/10
Education4/10
Economic7/10
Disadvantage5/10
MEDIAN HOUSE
$650K
0% YoY
MEDIAN RENT /WK
POPULATION
5
DEMOGRAPHICS
Median Age48
Household Size2
HH Income /wk$1,375
Personal Income /wk$824
Mortgage /mth$1,517
TOP ANCESTRY
CRIME (Kyogle LGA)
Crime Rate (per 100k)2,306
Total Incidents221
Data: 2017