Thinking about buying in Glenwood? Now could not be a better time,
with a whopping 5234 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $877,000 with prices in this suburb ranging from $70,000 to $1,480,000.
Distance to the coast is 26 Km.
Glenwood Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Glenwood driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Glenwood are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Glenwood classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Glenwood requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
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