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Glenburn
VIC, 3717 - Murrindindi

Thinking about buying in Glenburn? Now could not be a better time, with just 307 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,276,000 with prices in this suburb ranging from $357,000 to $6,839,000. The aproximate distance to the coast is 54 Km.

Household Makeup

Median Weekly Rent $271.00
Median Monthly Mortgage $2000.00
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 49.50
Average Income $686.00
Average Cars Per Dwelling 2.48
Average Properties Within 50M 1

Housing Stock

Average Property Prices

1 Bed  $1,247,000
2 Bed  $1,106,000
3 Bed  $1,434,000
4 Bed  $1,352,000
5 Bed  $1,395,000
6 Bed+$1,650,000
Properties for sale in Glenburn
Instant Property Valuation

Glenburn Real Estate Market Outlook

In Glenburn there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Glenburn due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Glenburn changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Glenburn the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Houses for sale Glenburn

Nutrien Harcourts 41 joyces rd, glenburn, vic, 3717 Beds6 Bathrooms3 Parking 8 $1,600,000
RayWhite 3684 melba hwy, glenburn, vic, 3717 Beds4 Bathrooms2 Parking 6 $1480,000-$1520,000

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Glenburn there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Glenburn 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
Jan1.612.128.636.694.82.824.5
Feb1.912.128.039.595.32.720.5
Mar1.710.525.342.696.12.515.7
Apr2.07.621.049.698.02.011.6
May2.55.716.859.597.32.08.0
Jun2.23.714.166.198.01.97.2
Jul2.14.513.763.196.42.77.3
Aug2.44.414.556.896.22.89.9
Sept2.45.417.549.197.42.814.0
Oct2.27.320.647.796.92.718.9
Nov2.69.422.946.196.82.722.2
Dec2.310.225.839.796.52.825.3

source: Australian Government Bureau of Meteorology

Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

HazeldeneKinglake CentralCastellaMurrindindiKinglakeFlowerdalePheasant CreekToolangiYeaKinglake West

Public Transport

Hurstbridge - Greater then 10KM Middle Gorge - Greater then 10KM Hawkstowe - Greater then 10KM Mernda - Greater then 10KM Diamond Creek - Greater then 10KM Wandong - Greater then 10KM Wallan - Greater then 10KM Wattle Glen - Greater then 10KM Lilydale - Greater then 10KM Heathcote Junction - Greater then 10KM

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