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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


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

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 2 of 2 investment properties found in Glen Iris on realestateinvestar.com.au

20 Valency Rd, GLEN IRIS

$2,815,000

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House

VIC 3146


38 Allison Ave, GLEN IRIS

$2,480,000

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VIC 3146


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