Glebe snapshot
- Median price: $1,893,929
- Median weekly rent: $1,143/wk
- Population: 20,262
- Days on market: 46 days
How Glebe stacks up
- Rental Yield: Moderate
- Capital Growth: Soft
- Vacancy: High
About Glebe
Glebe, located in NSW, is a vibrant suburb with a median property price of $1,893,929. With a population of over 20,000, it offers a lively community atmosphere and a range of amenities that can attract potential tenants. The suburb's typical days on market is 46, indicating a reasonable turnover rate for properties, which can be appealing for investors looking for active rental markets.
However, investors should note that capital growth in Glebe is currently in the soft band, and rental vacancy rates are high. This suggests that while the suburb has a strong rental market with a moderate rental yield, investors may need to consider strategies to enhance property appeal and reduce vacancy periods. Overall, Glebe presents a mix of opportunities and challenges for property investors.
Frequently asked questions
What is the median property price in Glebe?
The median property price in Glebe is $1,893,929.
What is the typical rental yield in Glebe?
The rental yield in Glebe is considered moderate.
How long do properties typically stay on the market in Glebe?
Properties in Glebe typically stay on the market for around 46 days.
What is the population of Glebe?
Glebe has a population of approximately 20,262.
What is the rental vacancy situation in Glebe?
The rental vacancy rate in Glebe is currently high.