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Glen Eden suburb profile

Glen Eden is a picturesque suburb located in the Gladstone region of Queensland, known for its serene environment and family-friendly atmosphere. Situated just a short drive from the Gladstone CBD, it offers residents a peaceful lifestyle with convenient access to urban amenities. The suburb is characterized by its lush greenery, spacious parks, and modern housing developments, making it an attractive choice for families and retirees. Glen Eden's community spirit is evident in its local events and recreational facilities, providing a welcoming environment for newcomers. Its proximity to natural attractions and the coast adds to its appeal as a desirable place to live.

Glen Eden property market performance

Glen Eden's property market has experienced significant growth over the past 12 months, with house values increasing by 22% and unit values rising by 11.5%. The current median house price stands at $540,000, while the median unit price is $530,000, indicating strong demand across both property types.

Sales activity has been robust, with 35 houses and 6 units sold in the past 12 months. Houses are selling quickly, with a median of just 11 days on the market, compared to 22 days for units, suggesting a faster turnover in the housing sector.

The rental market in Glen Eden has also seen notable changes, with house rents increasing by 8.5% and unit rents rising by 12.3% over the last year. The average rent for houses is now $510, while units average $432, reflecting a strong rental demand in the area.

Median price - houses$550KPast 3 months

Median price - units$530KPast 3 months

Change in value - houses25.0%12 months

Change in value - units20.4%12 months

Houses sold25Past 3 months

Units sold8Past 3 months

Median DOM - houses10Past 12 months

Median DOM - units21Past 12 months

Average rent - houses$520Past 12 months

Average rent - units$435Past 12 months

Change in rent - houses10.6%Past 12 months

Change in rent - units11.5%Past 12 months

Glen Eden demographics

Glen Eden, located in the Gladstone Region of Queensland, is a suburb that offers a blend of family-friendly living and modern conveniences. With a population of 2,918 and a median age of 30, it is a youthful community that attracts young families and professionals. The suburb's median total household income of $2,096 per week indicates a relatively comfortable standard of living, appealing to those seeking a balanced lifestyle.

Family dynamics in Glen Eden are diverse, with nearly half of the families being couple families with children, making up 48.3% of the community. This is complemented by 32.9% of couple families without children and 17.7% of one-parent families, reflecting a supportive environment for various family structures. The presence of only 1.2% of other families highlights the suburb's focus on traditional family units.

When it comes to housing, Glen Eden offers a mix of ownership and rental options. Approximately 14.9% of properties are owned outright, while 40.7% are owned with a mortgage, indicating a strong presence of homeowners. Meanwhile, 44.3% of the properties are rented, providing flexibility for those not ready to commit to homeownership. This balance of ownership and rental properties makes Glen Eden an attractive option for both long-term residents and those seeking temporary accommodation.

Glen Eden infrastructure, key developments and investment opportunities

Glen Eden is experiencing steady growth and development, with several projects enhancing its appeal to residents and potential homebuyers. The Tondoon Botanic Gardens, a key attraction in the suburb, continues to expand its offerings with new plantings and amenities, providing a beautiful green space for locals. Recent improvements to public transport connections have made commuting more convenient, potentially increasing property desirability along major routes.

The local council has approved plans for a new community center, which will offer recreational facilities and meeting spaces for residents. Additionally, the nearby Gecko Valley Winery has become a popular destination, boosting tourism in the area and potentially contributing to increased property values. While no major infrastructure projects are currently underway, these ongoing developments are likely to sustain Glen Eden's appeal as a family-friendly suburb with a blend of natural beauty and modern amenities.

Glen Eden rental market trends

The rental market in Glen Eden is experiencing growth, with house rents increasing by 8.5% over the past year to $510 per week, while unit rents have surged 12.3% to $432 per week. This upward trend reflects strong demand and makes Glen Eden an attractive option for both renters and investors seeking promising returns in a developing area.

Suburbs near Glen Eden

Some popular suburbs near Glen Eden include:

Common questions about Glen Eden

  • Is Glen Eden a nice place to live?

    Glen Eden is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the Gladstone region, it provides a peaceful lifestyle while being conveniently close to urban amenities. The suburb is known for its lush greenery and spacious parks, which create a picturesque setting for families to enjoy outdoor activities and leisurely strolls. The modern housing developments add to the suburb's charm, attracting both families and retirees looking for a comfortable and welcoming community.

    Families will find Glen Eden particularly appealing due to its strong community spirit and the variety of local events and recreational facilities available. The suburb's proximity to natural attractions and the coast enhances its allure, offering plenty of opportunities for weekend adventures and relaxation. Safety is generally not a major concern, contributing to the suburb's reputation as a secure and pleasant place to live. While Glen Eden may not have the bustling nightlife of a city center, it compensates with its peaceful atmosphere and the convenience of nearby amenities.

    One trade-off of living in Glen Eden is that while it offers a tranquil lifestyle, those seeking a more vibrant cultural scene may need to travel to the Gladstone CBD for a wider range of dining and entertainment options. However, the suburb's ongoing development projects, such as the new community center and improved public transport connections, are enhancing its appeal and accessibility. For families, professionals, and retirees seeking a balanced lifestyle with a blend of natural beauty and modern conveniences, Glen Eden is a charming choice.

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  • Is it expensive to live in Glen Eden?

    Living in Glen Eden can be considered relatively affordable, especially when compared to some of Queensland's more expensive suburbs. The current median house price is $540,000, and for units, it's $530,000. These figures are quite reasonable, particularly when you consider the average wage in Glen Eden, which is around $95,000 per year. This income level allows for a more comfortable living situation in terms of housing costs.

    Renting in Glen Eden is also quite manageable, with the average rent for houses over the last 12 months being $510 per week and $432 for units. When you compare these rental prices to the median total household income weekly, which is $2,096, it suggests that a significant portion of the income could be allocated to other living expenses or savings, making it a financially viable option for many.

    Overall, Glen Eden offers a good balance between income and housing costs, making it an attractive option for those looking to live in a suburb that provides value for money. While it may not have the same level of amenities as some of the more expensive suburbs, the affordability factor is a significant draw for many considering a move to this area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Glen Eden a good place to invest?

    Glen Eden is showing promising signs as a suburb with strong investment potential. Over the past 12 months, the median house value in Glen Eden has increased by an impressive 22.0%, indicating a robust demand for properties in the area. This growth is complemented by a healthy rise in median unit values, which have gone up by 11.5%. Such figures suggest that both houses and units are in demand, making it an attractive option for investors looking for capital appreciation.

    In addition to property value growth, rental yields in Glen Eden are also on the rise. House rents have increased by 8.5%, while unit rents have seen an even more significant jump of 12.3% over the last year. This upward trend in rental income is a positive sign for investors seeking reliable returns from rental properties. The combination of rising property values and rental income makes Glen Eden a suburb worth considering for those looking to invest in real estate.

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