Question 1

Is Glenreagh a nice place to live?

Accepted Answer

Glenreagh is a small rural village in the Clarence Valley hinterland, set among agricultural flats and the foothills of the coastal ranges. Life there centres on a compact village and surrounding farms, with timber cottages, weatherboard homes and larger rural residential blocks rather than dense suburban streets. Families are the clear majority — couple families with and without children together make up roughly three in four families — and the village is home to 1,005 people with a median age of 39. Homes are predominantly owner-occupied, with 86.3% owned outright or with a mortgage.

Village services and community facilities sit beside a historic rail corridor and regional roads link Glenreagh to larger centres. Local work under way includes a council-led Main Street upgrade, updated local development and flood planning, upgraded amenities at Shannon Park and activity around the community pool and the heritage railway. If you want a small agricultural village with local services and a high rate of home ownership, Glenreagh shows that mix; whether it suits you depends on the kind of place you are after.

Question 2

Is it expensive to live in Glenreagh?

Accepted Answer

There haven't been enough recent home sales or rentals in Glenreagh to publish reliable current price and rent figures, so it's not possible to say how expensive housing is here compared with local incomes. The ABS median total household income at the most recent Census was $1,384 a week, but without prices or rents we can't relate housing costs to that benchmark.

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 Glenreagh a good place to invest?

Accepted Answer

Over the past 12 months, house values in Glenreagh rose 4.6%. For someone weighing Glenreagh up as an investment, that figure represents the suburb's capital growth over the year — a modest increase in what houses are worth. Whether that suits your goals depends on your own priorities 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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	4.6%	N/A
Sold Past 3 months	6	N/A
Median days on market Past 12 months	51	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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