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Glenwood suburb profile

Glenwood is a family-friendly suburb located in the Hills District of Sydney, approximately 33km northwest of the CBD. Known for its well-planned residential areas, Glenwood offers a peaceful suburban lifestyle with a strong sense of community. The suburb features a variety of parks, recreational facilities, and quality schools, making it an attractive choice for families. Glenwood's convenient access to major roads, such as the M7 and M2 motorways, ensures easy connectivity to the city and surrounding areas. With its blend of modern homes and community amenities, Glenwood continues to be a popular choice for those seeking a balanced lifestyle.

Glenwood property market performance

Glenwood’s property market has shown a strong performance over the past 12 months, particularly in the housing sector. House values have increased by 9.7%, bringing the median house price to $1.69 million. In contrast, unit values have remained stable with no change, maintaining a median price of $725,000.

Sales activity has been robust for houses, with 39 sold in the past 12 months, while only 1 unit was sold, indicating a preference for houses. Houses are selling quickly, with a median of 29 days on the market, whereas units are taking significantly longer at 108 days, suggesting a softer demand for units.

The rental market in Glenwood has seen a notable increase in house rents, which have risen by 6.5% over the last 12 months, averaging $820. Unit rents have remained unchanged, averaging $550, reflecting a stable demand in the rental unit market.

Median price - houses$1.70MPast 3 months

Median price - units$725KPast 3 months

Change in value - houses10.6%12 months

Change in value - units-2.5%12 months

Houses sold32Past 3 months

Units sold1Past 3 months

Median DOM - houses31.5Past 12 months

Median DOM - units108Past 12 months

Average rent - houses$820Past 12 months

Average rent - units$550Past 12 months

Change in rent - houses5.1%Past 12 months

Change in rent - unitsN/APast 12 months

Glenwood demographics

Glenwood, located in the north-western suburbs of Sydney, is a family-oriented community known for its suburban charm and convenient amenities. With a population of 15,829 and a median age of 37, Glenwood is home to many families who appreciate its peaceful environment and proximity to schools, parks, and shopping centers. The suburb's high median household income of $3,068 per week reflects the affluence and stability of its residents, many of whom are professionals and business owners.

The family-centric nature of Glenwood is evident, with a significant 66.7% of households being couple families with children. This is complemented by 22.1% of couple families without children and 10.3% of one-parent families, creating a diverse yet family-focused community. The suburb's layout and facilities cater well to families, offering a range of recreational and educational opportunities.

Property ownership in Glenwood is predominantly mortgage-based, with 55.2% of homes owned with a mortgage, while 24.9% are owned outright. This indicates a stable housing market with a strong sense of community investment. Only 19.9% of properties are rented, suggesting a preference for long-term residency among its inhabitants. Glenwood's appeal lies in its balance of suburban tranquility and accessibility to Sydney's bustling city life, making it an ideal location for families seeking a harmonious lifestyle.

Glenwood infrastructure, key developments and investment opportunities

Glenwood is experiencing ongoing development that may impact its property market. The suburb's proximity to the recently completed Sydney Metro Northwest, with stations at nearby Bella Vista and Norwest, has significantly enhanced connectivity to key business districts and the Sydney CBD. This improved public transport access is likely to increase property desirability and potentially drive up values in the area.

The continued growth of the Norwest Business Park, located adjacent to Glenwood, is creating new job opportunities and attracting businesses, which could lead to increased demand for housing in the suburb. Additionally, the presence of well-regarded schools like Glenwood High School and Caddies Creek Public School continues to make the area attractive to families. These factors, combined with Glenwood's relatively young population and diverse community, suggest a dynamic property market with potential for future growth.

Glenwood rental market trends

The rental market in Glenwood has experienced moderate growth, with house rents increasing by 6.5% over the past year to $820 per week, while unit rents have remained stable at $550 per week. With its family-friendly environment and proximity to essential amenities, Glenwood continues to attract renters seeking a balanced suburban lifestyle.

Suburbs near Glenwood

Some popular suburbs near Glenwood include:

Common questions about Glenwood

  • Is Glenwood a nice place to live?

    Glenwood is a delightful suburb that offers a harmonious blend of suburban tranquility and modern convenience, making it a wonderful place to call home. Known for its family-friendly atmosphere, Glenwood is nestled in the Hills District and provides a peaceful environment that is perfect for raising children. The suburb is characterized by its charming residential areas, where modern homes are surrounded by lush parks and green spaces, offering plenty of opportunities for outdoor activities and family picnics. The community vibe is strong here, with residents enjoying a close-knit, supportive neighborhood.

    Families will find Glenwood particularly appealing due to its excellent educational facilities, including well-regarded schools that cater to a range of educational needs. The suburb's proximity to major roads and the Sydney Metro Northwest ensures that commuting to the city or nearby business hubs is convenient, making it an attractive option for professionals who work in the city but prefer a quieter home life. Shopping centers, cafes, and recreational facilities are easily accessible, providing a balanced lifestyle where everything you need is within reach.

    While Glenwood offers a serene and family-oriented lifestyle, there are trade-offs to consider. The ongoing development in the area, particularly around the Norwest Business Park, may lead to increased property demand and potentially higher housing prices. However, this growth also brings new job opportunities and enhanced amenities, contributing to the suburb's dynamic and evolving character. Safety is generally not a concern, and the suburb's well-planned layout ensures a pleasant living experience. Overall, Glenwood is an ideal choice for families seeking a peaceful yet connected lifestyle, with the added benefit of being part of a vibrant and growing community.

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  • Is it expensive to live in Glenwood?

    Living in Glenwood is on the pricier side when you consider the property market. With the current median house price at $1,685,000 and units at $725,000, buying a home here requires a significant financial commitment. Renting isn't exactly cheap either, with houses averaging $820 per week and units around $550. These figures suggest that housing costs in Glenwood are relatively high compared to many other suburbs.

    However, the average wage in Glenwood is about $159,000 per year, which is significantly higher than the national average. This means that many residents have a strong earning capacity, which somewhat balances out the high cost of housing. The median total household income weekly is $3,068, indicating that while the suburb is expensive, the high household incomes make it more manageable for those living there.

    Overall, if you're thinking of living in Glenwood, it's important to consider both the high property prices and the robust earning potential. The suburb offers a comfortable lifestyle for those who can afford it, making it a desirable place to call home for high-income earners.

    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 Glenwood a good place to invest?

    Glenwood presents a promising opportunity for property investors, particularly those interested in houses. Over the past 12 months, the suburb has experienced a notable 9.7% increase in median house values, indicating strong demand and potential for capital growth. This growth is complemented by a 6.5% rise in house rents, suggesting a healthy rental market that can provide consistent income for investors.

    While the unit market in Glenwood has remained stable with no change in median values or rents, this stability can be appealing for investors seeking low-risk options. However, the real potential lies in the housing market, where the combination of rising property values and rental income creates a compelling case for investment.

    Overall, Glenwood's recent performance in the housing sector, coupled with its stable unit market, makes it an attractive suburb for investors looking for both capital appreciation and rental returns. Its growth trajectory and rental demand position it as a solid choice for those aiming to invest in a suburb with proven potential.

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