AREA REPORTS

Glen Huntly

VIC/
Glen huntly

Suburb Profile

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

house
unit

Property investments in GLEN HUNTLY did not fare well against the rest of the country last year, registering a median home price decrease of -15.41%.

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

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

Real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 54.5 days.

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

Property investors perceived the median home price rise to $1,125,000.

GLEN HUNTLY ranks 492nd on the list of best yielding suburbs for rental properties in VIC, posting a 2.31% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,125,000 $545,000
GROWTH REPORT
Median Quarterly -0.44% 0%
Median 12 month -15.41% -1.8%
Median 3 years -6.25% 2.83%
Median 5 years 60.83% 11.22%
10 years average annual 5.12% 4.9%
Weekly media advert. rent $500 $398
Time on Market 54.5 days 54.5 days
Gross Rental Yield Percent 2.31% 3.8%
demographics (median values)
Total Population
4082
Weekly Household Income
943.2
Household Size
2.10
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

Airbnb application

Fresh tax crackdown captures short-term rental platforms

The Treasury has announced a consultation period on how tax is collected for various sharing economy services, which includes Airbnb, over c...

Bill Shorten

Negative gearing proposal cops more backlash following Shorten’s comments

The head of a property industry body has responded to comments made by Opposition leader Bill Shorten that Labor’s negative gearing policy...

Darwin Australia

Unpopular capital city set for strong 2019

Property in a previously unpopular capital city is showing signals indicating stronger growth, with one real estate network seeing private i...

For rent signage

Is rentvesting the right choice to get on the property ladder?

Rentvesting, as the phenomenon is known, is the act of buying an investment property while you rent your current residence. This may be the ...

Two houses

Buying a home vs buying an investment property, according to a property valuer

Property valuer, investment adviser, market commentator and author Anna Porter identifies several drivers that differentiate a home purchase...

Renovation

‘Sexy’ reno options for cashed-up tenants

Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...