Get a property report and suburb profile for any property in Glenhaven

Glenhaven is a leafy, semi-rural suburb in Sydney’s north-west Hills District, defined by low-density streets, established gardens and pockets of bushland. Housing is largely family-sized detached homes on generous blocks, so there’s a feeling of space and privacy compared with busier inner suburbs. Local village-style shops and community facilities cover everyday needs, while larger retail centres and public transport are close by in neighbouring centres. Reserves, creeks and walking tracks give a green backdrop and a focus for weekend activity.

The suburb is home to 6,619 people with a median age of 48 and a median household income of $2,532 a week. It is a suburb of families, with couple families (with and without children) making up the bulk of households, and high owner-occupancy (92.7%). Council works are under way or planned, including a Glenhaven Reserve lighting upgrade and road upgrade work on Glenhaven Road. Whether Glenhaven suits you depends on whether you value space, greenery and a settled, family-weighted community.

Buying a house in Glenhaven at the current median price of $2,300,000 works out to about 17.5 times a typical local household's annual income as recorded at the last Census, which puts buying well above local incomes. Renting a house at about $1,050 a week would use roughly 41.5% of a typical local household's weekly income at the last Census, a large share of income. On the figures, buying is substantially more stretched against local incomes than renting, and whether that feels expensive depends on your own income and circumstances.

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

Over the past 12 months in Glenhaven, house values have fallen slightly while house rents have risen modestly. Median house values were down 1.9% and the rent for houses increased 2.4% over the year.

In plain terms, the house-side figures show a small decline in capital value alongside modest growth in rental income; if rental income is your primary concern, the rent change is the most relevant number, while the value change relates to capital growth. Whether that balance fits your investing goals depends on your objectives and circumstances.

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.