Glen Iris
VIC, 3146
-
Boroondara
Thinking about buying in Glen Iris? Now could not be a better time, with 14087 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,257,000 with prices in this suburb ranging from $255,000 to $12,513,000. Glen Iris is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $526.67 |
| Median Monthly Mortgage | $2957.56 |
| Median Persons Per Bedroom | 0.85 |
| Average Household Size | 2.61 |
| Average Age | 40.72 |
| Average Income | $1180.25 |
| Average Cars Per Dwelling | 1.74 |
| Average Properties Within 50M | 42 |
Housing Stock
Average Property Prices
| 1 Bed $946,000 |
| 2 Bed $1,265,000 |
| 3 Bed $2,658,000 |
| 4 Bed $3,698,000 |
| 5 Bed $4,383,000 |
| 6 Bed+$4,202,000 |
Glen Iris Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Glen Iris ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Glen Iris classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Glen Iris requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Houses for sale Glen Iris
4
3
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Local Schools
Glen Iris Primary School
Camberwell South Primary School
Sacre Coeur
St Roch's School
St Cecilia's School
Korowa Anglican Girls' School
Hartwell Primary School
St Benedict's School
Ashburton Primary School
Alia College
(While the above schools are located with the suburb of Glen Iris there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Glen Iris weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
| Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
| Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
| Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
| May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
| Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
| Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
| Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
| Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
| Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
| Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
| Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 51: Burke Road - Less than 2 KM
Stop 51: Burke Road - Less than 2 KM
Stop 52: Boyanda Road - Less than 2 KM
Stop 52: Boyanda Road - Less than 2 KM
Stop 50: Glenarm Road - Less than 2 KM
Stop 50: Glenarm Road - Less than 2 KM
Stop 52: Harris Avenue - Less than 2 KM
Stop 52: Bickleigh Street - Less than 2 KM
Stop 53: Malvern Road - Less than 1 KM
Glen Iris - Less than 1 KM
General Points of Interest
Green Acres Golf Club - Less than 10 KM
Como Centre - Less than 10 KM
Admiral Creswell Memorial - Less than 10 KM
Neighbours Backlot - Less than 10 KM
Melbourne Cricket Ground - Less than 10 KM
The Cricketer's Bell - Less than 10 KM
McKinnon Obelisk - Less than 10 KM
Hockey Pavillion - Less than 10 KM
Boroondara Tennis Centre - Less than 10 KM
Malvern Valley Public Golf Course - Less than 5 KM
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