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Glen Huntly
AREA REPORTS

Glen Huntly

Glen Huntly - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3163

unit

GLEN HUNTLY, 3163 ranks 76th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 22.02% for property investors last year.

Based on its average 5-year and quarterly capital gains GLEN HUNTLY, 3163 saw average growth in the long term.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in GLEN HUNTLY, 3163 averaged 11.76% per annum over a 3-year period.

Average weekly rents on listings have reached the $400 mark, reflecting a 3.01% increase in returns based on the current median price in GLEN HUNTLY.

An average of 5 real estate transactions take place per month in GLEN HUNTLY which translates to 60 per annum.

60 properties were sold in GLEN HUNTLY during the past year, making it the 68th most active market in VIC based on total real estate transactions.

GLEN HUNTLY, 3163 places th in Australia based on median property value growth during the quarter.

Data report can be found below

Glen Huntly
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $690,000
GROWTH REPORT
Median Quarterly N/A 0%
Median 12 month N/A 22.02%
Median 3 years N/A 35.29%
Median 5 years N/A 23.21%
10 years average annual N/A 4.17%
Weekly media advert. rent N/A $400
Time on Market N/A 44.6 days
Gross Rental Yield Percent N/A 3.01%
demographics (median values)*
Total Population
32353
Weekly Household Income
1524
Household Size
2.40
Age
34
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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