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 notable increase in house values over the past 12 months, with a 9.7% rise, bringing the median house price to approximately $1.64 million. In contrast, unit values have remained stable, with no change over the same period, maintaining a median price of $725,000.
Sales activity has been more robust in the housing sector, with 26 houses sold compared to just one unit in the past 12 months. Houses are selling relatively quickly, with a median of 32 days on the market, while units are taking significantly longer at 108 days, indicating a slower unit market.
The rental market in Glenwood has seen modest growth, with house rents increasing by 2.8% over the last 12 months, averaging $822. Unit rents have remained unchanged, averaging $550, reflecting a stable demand for rental units.
Median price - houses$1.64MPast 3 months
Median price - units$725KPast 3 months
Change in value - houses9.7%12 months
Change in value - units-2.5%12 months
Houses sold26Past 3 months
Units sold1Past 3 months
Median DOM - houses32Past 12 months
Median DOM - units108Past 12 months
Average rent - houses$823Past 12 months
Average rent - units$550Past 12 months
Change in rent - houses2.8%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 modest growth, with house rents increasing by 2.8% over the past year to $822 per week, while unit rents have remained stable at $550 per week. This steady market reflects Glenwood's appeal as a family-friendly suburb with convenient access to amenities and transport options.
Suburbs near Glenwood
Some popular suburbs near Glenwood include: