Powered by MOMENTUM MEDIA
AREA REPORTS

Glen Iris

Suburb Profile

Glen Iris - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3146

house
unit

Property investors have seen a 0.6% gain in GLEN IRIS based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on GLEN IRIS, 3146 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 11.92%.

Based on its average 5-year and quarterly capital gains GLEN IRIS, 3146 saw average growth in the long term.

The VIC suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,112,500

Profits averaged 1.98% per annum over a 3-year period, due to an upward trend in home prices in GLEN IRIS, 3146.

This means, real estate investors could earn a rental income of $730 based on current median home prices for the suburb.

The gross rental yield in GLEN IRIS, 3146 is 1.8%.

An average of 14.5 real estate transactions take place per month in GLEN IRIS which translates to 174 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,112,500 $782,500
GROWTH REPORT
Median Quarterly 0.6% 2.96%
Median 12 month 11.92% 5.46%
Median 3 years 5.94% 1.74%
Median 5 years 20.16% 26.41%
10 years average annual 5.25% 3.18%
Weekly media advert. rent $730 $430
Time on Market 39.9 days 51.0 days
Gross Rental Yield Percent 1.8% 2.86%
demographics (median values)
Total Population
23270
Weekly Household Income
1571
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

First home buyers guide: Grants and assistance in each state and territory

First home buyers guide: Grants and assistance in each state and territory

The federal and local governments have launched several grants and assistance programs to help their citizens achieve the great Australian d...

Summer selling dwindles as autumn kicks off

Summer selling dwindles as autumn kicks off

Fewer homes are scheduled for auction this week as the months-long acceleration in the auction market cools off. ...

Plan to tackle rental shortage desperately needed in Perth

Plan to tackle rental shortage desperately needed in Perth

With Perth’s vacancy rate at the lowest it has been in 40 years, REIWA is calling on the political parties to commit to tackling the state...

How important is a buyer’s agent in a rising market?

In a hotly contested seller’s market, investors are being alerted to the importance of a good buyer’s agent. ...

WA emerges as the most affordable state in the country

WA emerges as the most affordable state in the country

Western Australia has emerged as the most affordable state in the country for housing, despite an overall decline in affordability between t...

Perth

6-month transition period announced ahead of tenancy moratorium end

With the end of the moratorium on evictions in sight, the NSW government has announced a new measure aimed to assist the residential tenancy...

Website Notifications

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