Glenfield Park NSW 2650: Property Market Report & Real Estate Insights

Part of Wagga Wagga, NSW

Glenfield Park Real Estate Market Outlook

Thinking about buying in Glenfield Park? Now could not be a better time, with 2642 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $489,000 with prices in this suburb ranging from $28,000 to $8,356,000. The approximate distance to the coast is 265 Km.

Living in Glenfield Park

In Glenfield Park there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Glenfield Park is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Glenfield Park provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Glenfield Park to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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.

Instant Property Valuation

Glenfield Park, located in Wagga Wagga, NSW, offers a compelling mix of suburban tranquility and accessibility, making it a desirable locale within the mid-sized city. The housing market in Glenfield Park primarily consists of modern detached homes and townhouses, often appealing to families, first-time homebuyers, and investors seeking value within a growing regional city. In recent years, the area has seen steady property value appreciation, spurred by its strategic position that provides easy access to Wagga Wagga's central business district while maintaining a peaceful neighborhood atmosphere. The development of local amenities, such as shopping centers and schools, has further bolstered its attractiveness, contributing to a competitive, yet still accessible, real estate market.

Living in Glenfield Park blends the charms of suburban and city life. Residents appreciate the suburb’s family-friendly environment, characterized by green spaces and parks perfect for recreation, alongside essential services that facilitate a comfortable lifestyle. The community is tightly knit, often organizing local events that foster a sense of belonging and community spirit. Additionally, Glenfield Park offers convenient transportation links, making commuting straightforward and efficient, whether you work within Wagga Wagga or need to travel to other areas. With a balance of quiet residential streets and proximity to urban conveniences, life in Glenfield Park offers a high quality of life for those looking to enjoy the benefits of Wagga Wagga without being in the city’s immediate hustle and bustle.

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