VIC/
Glenroy

Suburb Profile

Glenroy - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3046

house
unit

Property investors enjoyed capital gains of 19.72% over the last 12 months in GLENROY, translating to lower returns compared with its peers in VIC.

A survey of average capital gains or median home price increase in suburbs across the country shows that the VIC suburb obtained a 9.12% growth over a ten-year period. It ranks 230th on our list of suburbs that property investors should look into.

GLENROY, 3046 has a capital gain of 19.72% for the past year, which is higher than average compared to its 60.95% growth within a five-year period.

With the median home price in GLENROY sitting at $680,000, and the average rent at $370, property owners could potentially earn a 2.83% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GLENROY are low, as opposed to average gains per annum over the past five years.

GLENROY, 3046 in VIC belongs to the local government area of Moreland.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $680,000 $470,000
GROWTH REPORT
Median Quarterly 4.62% 4.44%
Median 12 month 19.72% 9.05%
Median 3 years 46.24% 23.36%
Median 5 years 60.95% 21.45%
10 years average annual 9.12% 6.96%
Weekly media advert. rent $370 $350
Time on Market 49.2 days 64.7 days
Gross Rental Yield Percent 2.83% 3.87%
demographics (median values)
Total Population
18892
Weekly Household Income
716.6
Household Size
2.50
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