Glebe Property Market & Buyers Agents 2026

The Glebe property market is a compelling case study in inner-city real estate dynamics, best characterized as a capital-growth play rather than a cashflow investment. The median house price has shown remarkable strength, currently sitting around $2.76 million, with annual growth exceeding 12%. Unit prices have followed a similar trajectory, reaching a median of $1.03 million with comparable yearly growth. This robust price appreciation is underpinned by classic supply and demand pressures. Supply is exceptionally tight, evidenced by a low number of properties typically on the market and a long average hold period, indicating residents are reluctant to sell. This scarcity is met with strong buyer competition, reflected in a low average of 26 days on market for properties.

However, the investment profile is not without its trade-offs. Gross rental yields for houses are modest, hovering around 2.4%, a figure well below what a yield-focused investor might seek. This highlights acute affordability pressures and a market where buyers are overwhelmingly focused on long-term capital gain. The suburb's demographic mix of high-earning professionals, academics, and established families provides a stable and resilient buyer pool, sustaining premium prices. A significant driver for future confidence is the ongoing redevelopment of the nearby Blackwattle Bay, including the new Sydney Fish Market, which is set to further enhance local amenity and connectivity, likely placing sustained upward pressure on property values in the coming years. The market is therefore most suitable for well-capitalized buyers who can tolerate lower rental returns in exchange for a blue-chip asset with a strong history and positive outlook for long-term growth.

Glebe is an alluring inner-west suburb located just 3 kilometres from the Sydney CBD, offering a rare blend of village charm and urban convenience. Its character is defined by beautifully preserved Victorian terrace houses, grand Federation homes, and leafy, tree-lined streets.

The suburb's main artery, Glebe Point Road, is a bustling hub of activity, featuring an eclectic mix of cafes, ethnic restaurants, independent bookshops, and boutique stores. Every Saturday, the grounds of Glebe Public School transform into the famous Glebe Markets, a vibrant bazaar of vintage clothing, local arts, and gourmet food stalls. For more extensive shopping, the Broadway Shopping Centre is located on the suburb's southern edge.

Education is a major drawcard, with proximity to the University of Sydney and UTS. Local schools include the well-regarded Glebe Public School and Forest Lodge Public School. For secondary education, options include St Scholastica's College, a Catholic girls' school, and St James Catholic Primary School.

Transport options are excellent. The Inner West Light Rail (L1 line) has two stops in Glebe, offering easy access to Central Station and Dulwich Hill. Numerous bus routes, including the 370, 431, and 433, provide frequent services to the CBD and surrounding suburbs. A ferry service (F10) also connects Blackwattle Bay to Barangaroo.

Glebe boasts extensive green spaces and waterfront access. The Glebe Foreshore Walk is a stunning path that winds through Bicentennial Park, Jubilee Park, and Wentworth Park, offering picturesque views of the Anzac Bridge and Rozelle Bay. These parks provide ample space for recreation, exercise, and relaxation, cementing Glebe's status as a highly desirable and liveable suburb.