Powered by MOMENTUM MEDIA
smart property investment logo
Glenroy
AREA REPORTS

Glenroy

Glenroy - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3046

house
unit

Property investors enjoyed capital gains of 13.51% 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 6.81% growth over a ten-year period. It ranks 1549th on our list of suburbs that property investors should look into.

GLENROY, 3046 has a capital gain of 13.51% for the past year, which is higher than average compared to its 47.24% growth within a five-year period.

With the median home price in GLENROY sitting at $840,000, and the average rent at $390, property owners could potentially earn a 2.41% 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 (C).

Data report can be found below

Glenroy
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $840,000 $610,000
GROWTH REPORT
Median Quarterly 2.38% 1.67%
Median 12 month 13.51% 5.17%
Median 3 years 21.74% 18.45%
Median 5 years 47.24% 35.86%
10 years average annual 6.81% 4.57%
Weekly media advert. rent $390 $365
Time on Market 42.1 days 58.9 days
Gross Rental Yield Percent 2.41% 3.11%
demographics (median values)*
Total Population
34063
Weekly Household Income
1296
Household Size
2.60
Age
35
Monthly Loan Repayment
1733
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.