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Suburb Insights ยท NSW 2370

Glen Elgin 2370, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Glen Elgin is a regional centre in New South Wales, Australia, with a population of approximately 32, making it a boutique locality. Located approximately 486 km from the Sydney CBD, Glen Elgin is a regional area in New South Wales. The median household income is $84,448 AUD per year (ABS 2021 Census).

Investment Score

37 / 100 Weak

Household incomes in Glen Elgin sit in a comfortable mid-range for the New South Wales market. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Glen Elgin, New South Wales, Australia.

Key Indicators

Postcode
2370

Official Australia Post postcode for Glen Elgin. A postcode may cover multiple suburbs.

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Population
32

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
N/A

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$84,448/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
486 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
N/A

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
33% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Glen Elgin serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median household income of $84,448/year reflects a solid demographic, supporting sustainable rental demand. With only 33% separate houses, Glen Elgin has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Glen Elgin offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Rental yields in Glen Elgin tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Glen Elgin face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Glen Elgin

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Glen Elgin may remain subdued in 2026, with limited demand drivers in the near term. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Glen Elgin's 2026 outlook. Glen Elgin is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Glen Elgin a good suburb for investment?

Glen Elgin is a regional area in New South Wales with a population of 32. the median household income is $84,448/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Glen Elgin?

Key demand drivers in Glen Elgin include regional employment hubs, lifestyle, and affordability. 33% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Glen Elgin?

According to the ABS 2021 Census, Glen Elgin has a population of approximately 32. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Glen Elgin from the Sydney CBD?

Glen Elgin is approximately 486 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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