Thinking about buying in Glenroy? Now could not be a better time, with 1803 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $483,000 with prices in this suburb ranging from $23,000 to $2,479,000.
Distance to the coast is 223 Km.
Median Weekly Rent | $343.00 |
Median Monthly Mortgage | $1534.40 |
Median Persons Per Bedroom | 0.71 |
Average Household Size | 2.60 |
Average Age | 43.00 |
Average Income | $809.40 |
Average Cars Per Dwelling | 1.95 |
Average Properties Within 50M | 10 |
2 Bed $343,000 |
3 Bed $489,000 |
4 Bed $634,000 |
5 Bed $815,000 |
6 Bed+$709,000 |
In Glenroy there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Glenroy is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Glenroy leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Glenroy the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
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UNIT 5, 885 CHENERY ST, GLENROY, NSW, 2640 |
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$315,000 | ||
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24 BILLSON PL, GLENROY, NSW, 2640 |
|
799000 | ||
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683 BELGRAVIA AV, GLENROY, NSW, 2640 |
|
219000 | ||
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734 ALLAN ST, GLENROY, NSW, 2640 |
|
449000 | ||
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852 WATSON ST, GLENROY, NSW, 2640 |
|
449000 |
Glenroy Public School
Lavington Public School
Albury High School
Kandeer School
James Fallon High School
Wewak Street School
Holy Spirit Primary School
The Scots School Albury
Albury North Public School
Albury West Public School
(While the above schools are located with the suburb of Glenroy there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.2 | 14.5 | 33.6 | 20.1 | 80.1 | 3.1 | 26.9 |
Feb | 2.0 | 14.2 | 31.4 | 28.4 | 87.4 | 2.7 | 23.4 |
Mar | 1.7 | 11.3 | 27.6 | 34.1 | 91.5 | 2.4 | 18.5 |
Apr | 1.2 | 7.1 | 23.0 | 42 | 95.4 | 1.9 | 14.4 |
May | 1.4 | 3.5 | 17.4 | 55.9 | 98.5 | 2.0 | 9.9 |
Jun | 1.3 | 1.9 | 14.1 | 66.7 | 98.8 | 1.8 | 8.5 |
Jul | 1.6 | 1.6 | 13.1 | 69.2 | 99.2 | 2.4 | 8.4 |
Aug | 1.6 | 2.0 | 14.3 | 61.6 | 98.8 | 2.4 | 11.3 |
Sept | 1.4 | 3.4 | 17.9 | 52.7 | 98.1 | 2.6 | 16.2 |
Oct | 1.9 | 5.6 | 22.0 | 42.6 | 97.2 | 2.7 | 21.3 |
Nov | 1.2 | 8.5 | 27.3 | 28.3 | 93.8 | 3.1 | 25.1 |
Dec | 1.5 | 11.5 | 30.4 | 22.5 | 87.3 | 3.2 | 27.5 |
source: Australian Government Bureau of Meteorology
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