What is the true cost of buying an apartment in Glen Innes?

The median apartment in Glen Innes is $245,000. Including stamp duty ($6,745), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $27,368, or $2,281/month.

What does it really cost to buy a house in Glen Innes?

The median house in Glen Innes is $380,000. True first-year cost including stamp duty ($11,630), rates, insurance, maintenance, and mortgage repayments is approximately $30,052.

What is the vacancy rate in Glen Innes?

Glen Innes currently has a vacancy rate of 1.8%. Properties average 89 days on market.

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True Cost of Buying in Glen Innes

2370 NSW · 550km to CBD

Stable

Market Intelligence

Glen Innes is a charming rural town in NSW's New England region, serving as the administrative center for Glen Innes Severn Council. Known as the 'Land of the Beardies' for its strong Celtic heritage, the town hosts the annual Australian Celtic Festival and maintains a stable population of around 6,000 residents. The property market is characterized by affordable housing with a median house price around $380,000, dominated by detached homes on larger blocks typical of regional areas. The community benefits from essential services including Glen Innes Hospital, multiple schools, and strong sporting culture, though faces challenges common to regional towns including an aging population and limited employment diversity. Located on the New England Highway with good road connectivity but limited public transport, Glen Innes offers a relaxed rural lifestyle with reasonable amenities. The property market shows modest growth potential driven by affordability and lifestyle appeal, though investment returns are generally modest compared to metropolitan areas.

Strong Celtic heritage and cultural identity with annual festivalAffordable property market with larger land parcelsGood regional healthcare and education facilitiesStrategic location on New England HighwayStrong community spirit and sporting culture

Market Snapshot

Median House

$380K

+3.2% 1yr

Median Apartment

$245K

+2.8% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

89 avg DOM

Yield (Apartment)

5.5%

Yield (House)

4.8%

Auction Clearance

65%

Population

6,200

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$2,281/mo

Purchase Price

$245,000

Stamp Duty

$6,745

1st Year Total

$27,368

House

$2,504/mo

Purchase Price

$380,000

Stamp Duty

$11,630

1st Year Total

$30,052

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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