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Glen Iris

Glen Iris - SUBURB PROFILE REPORT

POSTAL CODE: WA, 6230

house

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $350,000.

The upward trend in home prices in GLEN IRIS, 6230 averaged 9.88% per annum over a 3-year period.

Average weekly rents on listings have reached the $380 mark, reflecting a 5.65% increase in returns based on the current median price in GLEN IRIS.

An average of 6.83 real estate transactions take place per month in GLEN IRIS which translates to 82 per annum.

82 properties were sold in GLEN IRIS in 2016, making it the 44th most active market in WA based on total real estate transactions.

GLEN IRIS, 6230 places 201st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$350,000	N/A
GROWTH REPORT
Median Quarterly	3.86%	N/A
Median 12 month	16.67%	N/A
Median 3 years	29.63%	N/A
Median 5 years	2.19%	N/A
10 years average annual	1.14%	N/A
Weekly media advert. rent	$380	N/A
Time on Market	46.7 days	N/A
Gross Rental Yield Percent	5.65%	N/A

demographics (median values)*

Total Population

43134

Weekly Household Income

1326

Household Size

2.40

Age

Monthly Loan Repayment

1733

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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Top 10 Birth Countries

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12 MONTH GROWTH

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Manyana

70.61%
Tamarama

70.55%
Box Hill

64.95%
Goodwood

64.38%
Bawley Point

63.64%
Lennox Head

62.11%
Casuarina

62.08%
Queenstown

61.31%
Warana

60%
Cooroibah

59.43%

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Glen Iris

Glen Iris - SUBURB PROFILE REPORT

POSTAL CODE: WA, 6230

Data report can be found below

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Glen Iris

Glen Iris - SUBURB PROFILE REPORT POSTAL CODE: WA, 6230

Data report can be found below

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Glen Iris - SUBURB PROFILE REPORT

POSTAL CODE: WA, 6230

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