Glen Iris VIC 3146

Here you can find what you need to know about Glen Iris, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$2.4M Median Sale Price (National Average $485k) 19th In VIC
-3.10% Median Sale Price Change (1yr) (National Average 4.30%) 2566th In VIC
$990pw Median Rent (National Average $395) 12th In VIC
2.1% Median Gross Yield (National Average 4.24%) 555th In VIC
Properties sold 246
Average discounting -5.42%
Average Days on Market 53
Stock on Market 132 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Glen Iris, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Glen Iris, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Glen Iris, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Glen Iris


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Glen Iris, VIC 3146

Part of: Boroondara Council No data available

The size of Glen Iris is approximately 8 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2011 was 24,948 people. By 2016 the population was 25,253 showing a population growth of 1.2% in the area during that time. The predominant age group in Glen Iris is 40-49 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation. In 2011, 71% of the homes in Glen Iris were owner-occupied compared with 68% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Glen Iris

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Glen Iris   for Houses in last 12 months


There have been 246 Houses sold in Glen Iris in the past 12 months with a median sale price of $2.4M, down 3.1% annually. It takes on average 34 days to sell with vendor discounting of -5.4%.

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Ashburton VIC, 3147 8.23% $2,065,000 $750pw 1.9% View Suburb Profile
Glen Iris WA, 6230 21.34% $506,000 $590pw 6.1% View Suburb Profile
Malvern VIC, 3144 -3.12% $2,795,000 $1,050pw 1.9% View Suburb Profile
Malvern East VIC, 3145 -5% $2,090,000 $800pw 2.0% View Suburb Profile
Glen Waverley VIC, 3150 3.07% $1,680,000 $680pw 2.1% View Suburb Profile