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Glenmore Park suburb profile

Glenmore Park is a picturesque suburb located in the Greater Western Sydney region, approximately 59km from Sydney's CBD. Known for its family-friendly atmosphere, the suburb offers a blend of modern housing estates and lush green spaces. Residents enjoy access to a range of amenities, including shopping centres, schools, and recreational facilities, making it an ideal location for families and professionals. The suburb's well-planned layout and community-oriented vibe are complemented by its proximity to the scenic Blue Mountains, providing a perfect balance of urban convenience and natural beauty. Glenmore Park continues to grow in popularity as a desirable place to live.

Glenmore Park property market performance

Current median dwelling price$997,500Past 3 months

Property growth+0.2%Past 12 months

Glenmore Park’s property market has shown robust growth over the past 12 months, with house values increasing by 9.1%. The current median house price stands at $1.215 million. In contrast, the unit market has remained stagnant, with no change in median unit values, reflecting limited activity in this segment.

Sales activity has been notable, with 64 houses and 7 units sold in the past 12 months. Houses are selling relatively quickly, with a median of 33 days on the market, while units are taking longer, with a median of 65 days, indicating a slower pace in the unit market.

The rental market in Glenmore Park has also seen positive changes, with house rents increasing by 7.1% and unit rents by 5% over the last 12 months. The average rent for houses is $750, while units average $630, suggesting a healthy demand for rental properties.

HousesUnits
Median price
Past 3 months
$1.25MN/A
Change in value
Past 12 months
6.7%-6.3%
Sold
Past 3 months
546
Median days on market
Past 12 months
3373
Average rent
Past 12 months
$750$630
Change in rent
Past 12 months
7.1%2.8%

5 year median price trend for houses and units

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Glenmore Park demographics

Glenmore Park, located in the western suburbs of Sydney, is a family-friendly community known for its suburban charm and modern amenities. With a population of 25,021 and a median age of 34, it is a vibrant suburb that attracts young families and professionals seeking a balanced lifestyle. The area is characterized by its spacious parks, recreational facilities, and a strong sense of community, making it an ideal place for raising children.

The suburb's demographic profile highlights its appeal to families, with 57.6% of households being couple families with children. This is complemented by a significant proportion of couple families without children, accounting for 26.3% of the population. The presence of one-parent families, making up 15.3%, adds to the diversity of family structures in the area. Glenmore Park's community-oriented environment is further enriched by its local schools, shopping centers, and community events that foster a welcoming atmosphere.

In terms of property ownership, Glenmore Park is predominantly a homeowner's suburb, with 54% of properties owned with a mortgage and 23.1% owned outright. This reflects the suburb's stability and attractiveness to long-term residents. The rental market, comprising 22.9% of properties, offers opportunities for those seeking temporary accommodation or exploring the area before committing to homeownership. With a median total household income of $2,526 weekly, Glenmore Park residents enjoy a comfortable standard of living, supported by the suburb's well-planned infrastructure and proximity to employment hubs.

Glenmore Park infrastructure, key developments and investment opportunities

Glenmore Park continues to attract buyers with its well-established schools and family-friendly reputation. Several local primary and secondary schools, including Glenmore Park High School and Glenmore Park Public School, remain a key drawcard for families, and recent refurbishments at some campuses have enhanced educational offerings and learning environments.

Transport connectivity is a strength, with quick access to the M4 Motorway and proximity to Penrith Train Station providing convenient city commutes. The suburb benefits from a range of parks and recreational areas such as Glenmore Park Reserve, supporting outdoor lifestyles and overall livability. There are no significant new infrastructure or major development projects underway at present, contributing to Glenmore Park’s appeal as a stable and established residential location likely to maintain steady demand.

Glenmore Park rental market trends

The rental market in Glenmore Park has experienced moderate growth, with house rents increasing 7.1% over the past year to $750 per week, while unit rents have risen 5.0% to $630 per week. With its family-friendly environment and ongoing development, Glenmore Park continues to attract renters and investors seeking a balanced suburban lifestyle with promising returns.

Suburbs near Glenmore Park

Some popular suburbs near Glenmore Park include:

How does Glenmore Park compare to nearby suburbs?

  • Median house prices: Glenmore Park’s median house price is 18.2% higher than South Penrith’s.
  • Median unit prices: Glenmore Park’s median unit price is 31.0% higher than Penrith’s.
  • House price growth: Over the past 12 months, house prices in Glenmore Park have grown 0.9% higher than in Penrith.
  • Unit price growth: Property prices in nearby Penrith have risen 8.9% more than in Glenmore Park over the past year.
  • Selling speed for houses: Properties in Glenmore Park are selling 50.7% faster than in Penrith.
  • Selling speed for units: Properties in nearby Penrith are selling 8.2% faster than in Glenmore Park.
  • Investment considerations: In Glenmore Park, the rental yield for house is 13.9% lower than the Sydney average, while the rental yield for units is 15.8% lower.
  • House price growth: Over the past 12 months, house prices in Glenmore Park have grown 36.2% lower than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Glenmore Park have grown 19.7% lower than the average rate of growth for units across Sydney.

Common questions about Glenmore Park

  • Is Glenmore Park a nice place to live?

    Glenmore Park is a delightful suburb that offers a harmonious blend of suburban charm and modern conveniences, making it a wonderful place to live. Its family-friendly atmosphere is complemented by a strong sense of community, which is evident in the well-maintained parks and recreational facilities that dot the area. The suburb's proximity to the scenic Blue Mountains adds a touch of natural beauty, providing residents with ample opportunities for outdoor activities and relaxation. With a variety of local amenities, including shopping centers and schools, Glenmore Park caters to the needs of families and professionals alike, ensuring a balanced and fulfilling lifestyle.

    For families, Glenmore Park is particularly appealing due to its safe and welcoming environment. The suburb's well-planned layout and community-oriented vibe make it an ideal place for raising children. The presence of several reputable schools further enhances its attractiveness to families, offering quality education options within easy reach. While Glenmore Park may not have the bustling nightlife of inner-city areas, it compensates with a peaceful and serene atmosphere that is perfect for those seeking a quieter lifestyle.

    One of the trade-offs of living in Glenmore Park is its distance from Sydney's CBD, which may require a longer commute for those working in the city. However, the suburb's excellent transport connectivity, including quick access to the M4 Motorway and proximity to Penrith Train Station, helps mitigate this concern, making city commutes more manageable. Overall, Glenmore Park is a charming and stable residential location that continues to attract families and individuals looking for a comfortable and community-focused place to call home.

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  • Is it expensive to live in Glenmore Park?

    Living in Glenmore Park can be considered moderately expensive, especially when you compare it to other suburbs in New South Wales. The median house price in Glenmore Park is currently $1,215,000. This is quite a significant amount, particularly when you consider that the average wage in New South Wales is about $98,000 per year. This means that buying a house in Glenmore Park would require a substantial financial commitment and likely a high household income to manage comfortably.

    For those looking to rent, the average rent for houses is $750 per week, which can also be a hefty expense for many. Interestingly, there are no current median prices for units, suggesting that housing options may be limited to houses, which often come at a higher cost. With the median total household income in Glenmore Park at $2,526 weekly, many households might find themselves allocating a large portion of their earnings towards housing costs.

    Overall, while Glenmore Park offers a suburban lifestyle away from the hustle and bustle of Sydney's CBD, the cost of living, particularly in terms of housing, is on the higher side. If you are thinking of living in Glenmore Park, it's important to consider whether your financial situation can accommodate these expenses while still maintaining a comfortable lifestyle.

    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 Glenmore Park a good place to invest?

    Glenmore Park presents a promising opportunity for property investors, particularly those focused on houses. Over the past 12 months, the suburb has experienced a notable 9.1% increase in median house values, indicating strong demand and potential for capital growth. This upward trend in house prices suggests that Glenmore Park is becoming increasingly attractive to buyers, which is a positive sign for investors looking for appreciation in property value.

    In addition to the rise in house values, rental yields have also shown healthy growth. The 7.1% increase in rent for houses over the past year highlights the suburb's appeal to renters, ensuring a steady rental income for property owners. While unit values have remained stable, the 5.0% increase in rent for units indicates a consistent demand, making them a viable option for those seeking rental returns.

    Overall, Glenmore Park offers a balanced investment landscape with strong growth in house values and solid rental yields. Its family-friendly environment, coupled with ongoing development and infrastructure improvements, enhances its long-term investment potential. For investors seeking a suburb with a blend of capital growth and reliable rental income, Glenmore Park is certainly worth considering.

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Choose the right real estate agents in Glenmore Park

Choosing the right real estate agent in Glenmore Park can have a big impact on your sale. While there are 112 real estate agents working in the suburb, but just 5 of them were responsible for 33.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.85% to 2.68%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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