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Investment Property Glen Iris, VIC, 3146

Suburb Snapshot

Glen Iris is a suburb in the Boroondara Region of Victoria. Glen Iris has a population of 25,271 people and 26.26% of its occupants live in rental accommodation. The median listing price for houses is $2,000,000 and this has changed -9.10% over the past year and changed -12.86% over 2 years.

The median rent in Glen Iris for houses is $890 per week and the median rental yield is 2.31%. Stock on the market for houses/townhouses has changed -8.70% compared to last year and the average time to sell a house/townhouse is 46 days.The median listing price for units is $680,000 and this has changed 4.61% over the past year. The average unit takes 85 days to sell and the median rent for a unit in Glen Iris is $510 per week, producing a rental yield of 3.90%.

Supply & Demand in Glen Iris, Boroondara

0.95%

Current vacancy rate


115

Rental stock available


25,271

Population


26.26%

Rental population


0.94%

Current vacancy rate


797

Rental stock available


167,232

Population


26.89%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Glen Iris, Boroondara

  House Townhouses Units
Median listing price $2,000,000 $1,300,000 $680,000
Median price change - last quarter -4.77% 2.97% 1.85%
Median price change - 1 year -9.10% -1.89% 4.61%
Median price change - 2 years -12.86% -3.31% 4.61%
  House Townhouses Units
Median weekly rent $890 $875 $510
Median yield % 2.31% 3.50% 3.90%
Median rent change - 1 year -1.12% 11.46% 3.03%
  House Units
Previous month sales 12 14
Stock on market previous month 63 90
Stock variance vs. last year -8.70% -25.00%
Average days on market 46 85

Glen Iris investment property listings

Showing 1 of 1 investment properties found in Glen Iris on realestateinvestar.com.au

8 Lillian St, Glen Iris

$1,400,000

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Elite Single Level

This is an opportunity not to be missed to secure a terrific home on a compact allotment in one of Melbourne's premier suburbs, Glen Iris. This single storey contemporary home is ideally situated on the corner of two quiet suburban streets yet still walking distance to shops, transport and ...

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VIC 3146


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