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Investment Property Glenroy, VIC, 3046

Suburb Snapshot

Glenroy is a suburb in the Moreland Region of Victoria. Glenroy has a population of 22,245 people and 31.42% of its occupants live in rental accommodation. The median listing price for houses is $749,500 and this has changed 7.07% over the past year and changed 1.28% over 2 years.

The median rent in Glenroy for houses is $520 per week and the median rental yield is 3.60%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $490,000 and this has changed 8.28% over the past year. The average unit takes 84 days to sell and the median rent for a unit in Glenroy is $460 per week, producing a rental yield of 4.88%.

Supply & Demand in Glenroy, Moreland

1.25%

Current vacancy rate


140

Rental stock available


22,245

Population


31.42%

Rental population


1.04%

Current vacancy rate


895

Rental stock available


162,560

Population


33.21%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Glenroy, Moreland

  House Townhouses Units
Median listing price $749,500 $585,000 $490,000
Median price change - last quarter -0.07% 0.00% 0.10%
Median price change - 1 year 7.07% -2.50% 8.28%
Median price change - 2 years 1.28% 0.00% -2.00%
  House Townhouses Units
Median weekly rent $520 $530 $460
Median yield % 3.60% 4.71% 4.88%
Median rent change - 1 year 6.12% 10.41% 15.00%
  House Units
Previous month sales 43 5
Stock on market previous month 136 30
Stock variance vs. last year 0.00% -3.23%
Average days on market 77 84

Glenroy investment property listings

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