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.

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

	unit 2, 443 burke rd, glen iris, vic, 3146	2	2	2	$700,000 - $750,000
	8a chester st, glen iris, vic, 3146	4	3	2	Offers Invited: $1.95m - $2.1m
	unit 503, 770b toorak rd, glen iris, vic, 3146	1	1	1	$360,000 - $380,000
	unit 4, 32 edgar st, glen iris, vic, 3146	2	1	1	$540,000 - $590,000
	unit 5, 108 glen iris rd, glen iris, vic, 3146	2	2	2	$730,000 - $750,000
	unit 9, 35-43 high st, glen iris, vic, 3146	2	1	2	$750,000 - $800,000
	53a high st, glen iris, vic, 3146	3	2	1	$840,000 - $900,000
	unit 8, 122-126 milton pde, glen iris, vic, 3146	2	1	1	$750,000 - $825,000
	unit 15, 1526 high st, glen iris, vic, 3146	2	1	1	$480,000 - $520,000
	unit 4, 44 edgar st, glen iris, vic, 3146	2	1	1	For Sale - $500,000
	14 peate av, glen iris, vic, 3146	4	3	2	For Sale $2,800,000
	unit 115, 1639 malvern rd, glen iris, vic, 3146	2	2	1	For Sale $600,000 - $660,000
	unit 2, 14 straughan st, glen iris, vic, 3146	6	4	3	For Sale $2,950,000
	unit 10, 55 glen iris rd, glen iris, vic, 3146	2	2	1	For Sale $1,059,000
	26 gardiner pde, glen iris, vic, 3146	4	3	4	Sold
	23 ranfurlie cr, glen iris, vic, 3146	5	3	2	For Sale $3,600,000 - $3,900,000 (Inspect By Appt Only)
	unit 10, 70 edgar st north, glen iris, vic, 3146	1	1	1	For Sale $265,000
	5 barina rd, glen iris, vic, 3146	4	2	1	$2,900,000 - $3,090,000
	unit 4, 1705 malvern rd, glen iris, vic, 3146	4	2	2	CONTACT AGENT
	5 courang rd, glen iris, vic, 3146	4	3	4	3200000
	unit 505, 770c toorak rd, glen iris, vic, 3146	2	1	1	$525,000 - $575,000
	unit 3, 1587 malvern rd, glen iris, vic, 3146	1	1	1	$320,000 - $350,000

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