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Glebe
TAS, 7000 - Hobart

Thinking about buying in Glebe? Now could not be a better time, with just 369 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $595,000 with prices in this suburb ranging from $15,000 to $2,146,000. Glebe is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $450.00
Median Monthly Mortgage $1511.00
Median Persons Per Bedroom 0.90
Average Household Size 2.00
Average Age 33.00
Average Income $1078.00
Average Cars Per Dwelling 1.49
Average Properties Within 50M 18

Housing Stock

Average Property Prices

2 Bed  $304,000
3 Bed  $515,000
4 Bed  $999,000
5 Bed  $449,000
6 Bed+$478,000

Glebe Real Estate Market Outlook

In Glebe 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. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Glebe due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Glebe provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Glebe necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Glebe the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.


Local Schools

Campbell Street Primary School

Lambert School

Elizabeth College

The Friends' School

St Mary's College

St Michael's Collegiate School

Goulburn Street Primary School

Albuera Street Primary School

Lansdowne Crescent Primary School

Sacred Heart College

(While the above schools are located with the suburb of Glebe there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Glebe weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.320.834.131.684.93.025.1
Feb2.82033.034.487.12.823.3
Mar2.518.431.536.390.72.419.8
Apr0.713.227.834.093.81.818.2
May0.87.923.635.295.91.514.9
Jun1.3620.441.496.91.612.8
Jul0.74.720.637.496.91.614.0
Aug0.75.323.325.791.91.917.0
Sept1.09.226.922.788.82.221.1
Oct1.213.730.023.984.22.724.4
Nov1.217.433.024.581.62.926.9
Dec3.419.333.728.982.32.927.4

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Queens DomainNorth HobartHobartBattery PointMount StuartWest HobartNew TownRosnyMontagu BayRose Bay


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