Glebe, a vibrant and historic suburb located just 3 kilometers from Sydney's central business district, offers a distinctive blend of old-world charm and modern conveniences, making it a desirable location in Sydney's housing market. The housing market in Glebe is characterized by its diverse range of property types, from beautiful Victorian terraces and charming Federation homes to contemporary apartments and renovated warehouse lofts. This variety caters to a wide spectrum of buyers and renters, including young professionals, families, and retirees. Over the past decade, Glebe has experienced consistent growth in property values, driven by its proximity to the city, excellent transport links, and the suburb's unique cultural and lifestyle offerings. The demand for properties in Glebe remains strong, with prospective buyers eager to enjoy the amenities and the lifestyle the area provides.
Living in Glebe presents a unique urban experience with a distinctive neighborhood feel, blending the energetic pulse of the city with the tranquility of its leafy streets. The suburb is renowned for its lively community atmosphere, bolstered by the vibrant Glebe Point Road, which is lined with eclectic cafes, boutique shops, and diverse dining options that reflect the suburb’s multicultural mix. Residents enjoy a plethora of green spaces including Bicentennial Park and Blackwattle Bay Park, which offer scenic views and tranquil spots for relaxation or recreation. Glebe is also home to a number of cultural and educational institutions, including the University of Sydney, adding an academic vibrancy to the area. The local markets, held every Saturday, are a standout attraction, offering artisanal goods, fresh produce, and a lively social setting. Overall, Glebe's appeal lies in its unique blend of historical charm and modern lifestyle, offering residents a well-rounded and rich living experience.
Median Weekly Rent | $488.89 |
Median Monthly Mortgage | $3033.89 |
Median Persons Per bed houseroom | 0.98 |
Average Household Size | 2.08 |
Average Age | 37.95 |
Average Income | $1136.65 |
Average Cars Per Dwelling | 0.90 |
Average Properties Within 50M | 109 |
Typical 1 bed house | $1,084,000 |
Typical 2 bed house | $1,794,000 |
Typical 3 bed house | $2,951,000 |
Typical 4 bed house | $4,000,000 |
Typical 5 bed house | $4,649,000 |
Typical 6 bed+ house | $3,953,000 |
Housing Stock
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Thinking about buying in Glebe? Now could not be a better time, with 9797 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,007,000 with prices in this suburb ranging from $15,000 to $43,611,000. Glebe is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Consistent high demand relative to supply is a key feature in Glebe driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Glebe ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Glebe 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 Glebe 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property Valuation8A Davenport Street, Glebe, TAS, 7000 | 3 | 2 | 2 | Offers over $1,500,000 |
Sydney Secondary College Blackwattle Bay Campus
Glebe Public School
St James Catholic Primary School
St Scholastica's College Glebe Point
Australian Performing Arts Grammar School
International Grammar School
Forest Lodge Public School
Ultimo Public School
Annandale North Public School
Royal Prince Alfred Hospital School
(While the above schools are located with the suburb of Glebe there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.0 | 13.6 | 23.9 | 38.0 | 80.4 | 5.0 | 23.1 |
Feb | 1.0 | 12.9 | 22.4 | 42.3 | 83.1 | 4.5 | 18.0 |
Mar | 1.2 | 12.0 | 21.4 | 43.5 | 84.0 | 4.3 | 12.8 |
Apr | 1.1 | 10.0 | 18.8 | 43.8 | 82.9 | 4.5 | 9.3 |
May | 2.0 | 7.7 | 15.4 | 49.8 | 84.9 | 4.5 | 5.9 |
Jun | 1.7 | 5.8 | 13.1 | 57.0 | 88.1 | 4.4 | 5.0 |
Jul | 1.4 | 5.3 | 13 | 52.8 | 85.2 | 4.7 | 6.0 |
Aug | 2.0 | 5.3 | 13.7 | 49.0 | 84.9 | 4.8 | 8.3 |
Sept | 1.6 | 7.4 | 16.3 | 42.4 | 84.2 | 4.8 | 12.5 |
Oct | 1.8 | 8.5 | 18.0 | 41.0 | 83.4 | 4.8 | 17.7 |
Nov | 1.7 | 10.4 | 19.8 | 40.8 | 83.1 | 5.0 | 20 |
Dec | 1.7 | 12.0 | 21.5 | 41.4 | 81.4 | 4.9 | 23.4 |
source: Australian Government Bureau of Meteorology
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