Question 1

Is Glendale a nice place to live?

Accepted Answer

Glendale sits on Newcastle's western fringe where a busy retail and light-industrial corridor meets established residential streets. Homes range from mid-century weatherboard cottages to newer brick family houses on generous blocks, and the suburb tends to attract families, tradespeople and everyday buyers looking for space and convenience. It is home to 3,260 people with a median age of 36 and a typical household income of $1,514 a week, and most dwellings are owner-occupied (66.6%).

Day-to-day life is served by local primary schools, sporting fields, community facilities and a substantial shopping precinct, while regular bus services and nearby arterial roads link to greater Newcastle and Lake Macquarie. Pockets of mature trees and nearby reserves give easy green space, and there has been investment and planning in transport and sports infrastructure, including delivered road works, a redeveloped Hunter Sports Centre and further transport and precinct planning that is identified but not fully funded. Whether Glendale suits you depends on the space and convenience you want from a suburb.

Question 2

Is it expensive to live in Glendale?

Accepted Answer

On the figures, buying a house in Glendale sits well above what a typical local household earned in a year at the last Census: the median house price of $859,250 is about 10.9 times a local annual household income (weekly income $1,514 × 52 = $78,728). Rents take a sizeable to large share of those local incomes — a house rent of $688 a week would be about 45.4% of a typical local household's weekly income at the last Census, while a unit rent of $455 a week would be about 30.1%. That means renting a unit looks noticeably less stretched against local incomes than renting a house or buying one.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Glendale a good place to invest?

Accepted Answer

Unit rents in Glendale jumped 13.8% over the past year, the clearest movement in the local figures. Median house values rose 9.5% in the same period and house rents increased 7.5%; both of those are solid rises, but the unit rent change was the strongest single shift.

For someone weighing Glendale up as an investment, the value change is the figure that speaks to capital growth for houses over the year, while the rent changes — particularly the 13.8% rise for units — are the numbers that relate to rental income. Whether that mix suits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$859K	N/A
Change in value Past 12 months	9.5%	N/A
Sold Past 3 months	10	1
Median days on market Past 12 months	17	N/A
Average rent Past 12 months	$688	$455
Change in rent Past 12 months	7.5%	13.8%

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