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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:

Common questions about Glenwood

  • Is Glenwood a nice place to live?

    Glenwood is a charming rural suburb that offers a delightful escape from the fast-paced city life, making it a wonderful place to live for those who appreciate tranquility and natural beauty. Nestled in the Gympie Region, Glenwood is known for its expansive properties and lush landscapes, providing a serene environment that is perfect for families and individuals seeking a peaceful retreat. The suburb exudes a warm and welcoming vibe, with a strong sense of community that is fostered through local events and gatherings, making it easy for residents to form lasting connections.

    For families, Glenwood offers a safe and nurturing environment, with plenty of space for children to explore and play. While the suburb itself is quiet and laid-back, its proximity to the Bruce Highway ensures that essential amenities and services in nearby towns are easily accessible. This balance of rural living with urban convenience is a significant draw for those looking to enjoy a relaxed lifestyle without sacrificing access to necessary facilities.

    However, living in Glenwood does come with some trade-offs. The suburb has limited local facilities, meaning residents often rely on nearby towns for shopping, dining, and employment opportunities. This can be a consideration for those who prefer having amenities within walking distance. Despite this, the suburb's affordability compared to coastal regions and its strategic location between Hervey Bay and Noosa make it an attractive option for families and professionals seeking a tree change.

    Overall, Glenwood is a lovely place to call home, especially for those who value a peaceful setting, strong community ties, and the opportunity to enjoy a fulfilling lifestyle amidst nature. Whether you're a family looking for a safe and spacious environment or someone seeking a tranquil retreat, Glenwood offers a unique blend of rural charm and accessibility that is hard to resist.

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  • Is it expensive to live in Glenwood?

    Living in Glenwood can be a bit of a financial stretch, especially when you consider the local income levels. The median house price in Glenwood is currently around $570,000, which is quite substantial when compared to the average annual household income in the area, which is about $41,000. With no data available for unit prices, it seems that houses are the primary property option here.

    Renting in Glenwood also requires careful budgeting. The average rent for houses is approximately $522 per week, which would take up a significant portion of the average household income. When you compare this to the broader Queensland average income, Glenwood's income levels are on the lower side, which can make the cost of living feel even more pronounced.

    Overall, if you're thinking of living in Glenwood, it's important to weigh the costs against your income carefully. While the suburb might offer a peaceful lifestyle away from the hustle and bustle, the financial demands, particularly in terms of housing, can be challenging for those earning the local average wage.

    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 is showing promising signs as a potential investment suburb, particularly for those interested in the housing market. Over the past year, the median house value in Glenwood has increased by an impressive 14.0%, indicating strong demand and a healthy growth trajectory. This is complemented by a significant 16.1% rise in house rents, suggesting that rental properties are in demand and could provide a good return on investment for landlords.

    While the unit market in Glenwood has remained stable with no change in median value or rent over the past year, the strong performance of the housing market makes it an attractive option for investors. The suburb's appeal lies in its potential for capital growth and rental yield, particularly for houses. For those looking to invest in a suburb with upward momentum and solid rental demand, Glenwood presents a compelling opportunity.

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