Glenwood suburb profile
Glenwood is a serene rural suburb located in the Gympie Region of Queensland, offering a peaceful lifestyle amidst natural surroundings. Known for its expansive properties and lush landscapes, Glenwood attracts those seeking a tranquil retreat away from the hustle and bustle of city life. The suburb provides a strong sense of community, with local events and gatherings fostering connections among residents. Its proximity to the Bruce Highway ensures convenient access to nearby towns and amenities, while the surrounding natural beauty offers opportunities for outdoor activities and exploration. Glenwood's charm lies in its simplicity and the promise of a relaxed, country lifestyle.
Glenwood property market performance
Glenwood's property market has shown robust growth over the past 12 months, with house values increasing by 14%, bringing the median house price to $570,000. The suburb does not have a unit market, as indicated by the absence of unit sales and median prices.
In terms of sales activity, 27 houses were sold over the last 12 months, with properties spending a median of 44 days on the market, reflecting a healthy demand for houses in the area.
The rental market for houses in Glenwood has also seen significant growth, with average rents increasing by 16.1% over the past year, reaching $522. This suggests a strong demand for rental properties in the suburb.
Median price - houses$605KPast 3 months
Median price - units$0Past 3 months
Change in value - houses14.4%12 months
Change in value - unitsN/A12 months
Houses sold21Past 3 months
Units soldN/APast 3 months
Median DOM - houses44Past 12 months
Median DOM - unitsN/APast 12 months
Average rent - housesN/APast 12 months
Average rent - unitsN/APast 12 months
Change in rent - houses6.6%Past 12 months
Change in rent - unitsN/APast 12 months
Glenwood demographics
Glenwood, located in the picturesque region of Queensland, offers a serene and laid-back lifestyle, appealing particularly to retirees and those seeking a peaceful environment. With a population of 2,137 and a median age of 56, the suburb is characterized by a mature community that values tranquility and a slower pace of life. The area is known for its natural beauty, with lush landscapes and a close-knit community atmosphere that fosters a sense of belonging among its residents.
The housing landscape in Glenwood is predominantly owner-occupied, with a significant 60.4% of properties owned outright, reflecting the stability and long-term commitment of its residents. Additionally, 30.6% of homes are owned with a mortgage, indicating a mix of established homeowners and newer entrants to the property market. The rental market is relatively small, with only 9% of properties being rented, which underscores the suburb's appeal to those looking for permanent residence rather than transient living arrangements.
Family structures in Glenwood are diverse, with 60.9% of couple families having no children, highlighting the suburb's attraction to empty nesters and retirees. Meanwhile, 22.6% of families are couples with children, and 15.2% are one-parent families, contributing to a varied community fabric. The median total household income of $790 per week reflects the suburb's modest economic profile, aligning with the lifestyle preferences of its predominantly older population. Glenwood's charm lies in its peaceful setting, strong community ties, and the opportunity for residents to enjoy a relaxed and fulfilling lifestyle.
Glenwood infrastructure, key developments and investment opportunities
Glenwood is experiencing steady growth, with its population increasing from 1,539 in 2016 to 2,137 in 2021, indicating rising demand for properties in the area[2][5]. The suburb primarily consists of acreage lots, offering a quiet rural lifestyle while maintaining proximity to larger towns like Gympie and Maryborough, both about 30 minutes away[4]. This balance of rural living with access to urban amenities is attracting a mix of retirees, families, and professionals seeking a tree change.
The property market in Glenwood reflects this growing interest, with a median house price of $590,000 and a 12.48% price increase over the past year[2]. The area's affordability compared to nearby coastal regions, combined with its strategic location between Hervey Bay and Noosa (both about an hour away), is likely to sustain property demand. However, potential buyers should note that Glenwood has limited local facilities, with residents largely relying on nearby towns for services and employment opportunities[4].
Glenwood rental market trends
The rental market in Glenwood has experienced significant growth, with house rents increasing by 16.1% over the past year to $522 per week. However, there is no data available for unit rents, indicating a potential lack of unit supply in the area. Glenwood's rising house rents suggest strong demand, making it an attractive option for investors seeking opportunities in regional Queensland.
Suburbs near Glenwood
Some popular suburbs near Glenwood include: