Suburb Profile Report for Glen Huntly VIC (3163)

Glen Huntly House: Median price $1,330,000, Annual capital growth 11.49%, Number of sales 20, Weekly median advertised rent $595

Glen Huntly Unit: Median price $535,000, Annual capital growth 6.68%, Number of sales 104, Weekly median advertised rent $375

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Glen Huntly has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 12.24%

If we look at median property appreciation over just the last three months, Glen Huntly has given property investors a paper return of -5.67%. This puts Suburb as 645 on a list of fastest fasting appreciating suburbs in VIC

Advertised rents are around the $595 mark per week – giving a return of 2.33% based on the median price in Suburb

If you compare the increase in value of investment property in Glen Huntly, 3163 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.83%.

While Glen Huntly,3163 ranked number 272th in VIC for increase in median house value (annualised) increase, it is ranked 150th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Glen Huntly is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 217th in terms of most discounted suburbs in VIC

HOUSE UNIT
$1,330,000 $535,000
-5.67% -1.83%
12.24% -1.83%
11.49% 6.68%
$595 $375
20 104
2.33% 3.64%
N/A 56.87

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4658
Median household income ($/weekly) 1192
Median age of persons 31
Median housing loan repayment ($/monthly) 1800
Average household size 2.2
  • Census Count Percent(%)
    20-24 years 654 14.0
    25-34 years 1311 28.1
    35-44 years 631 13.5
    45-54 years 465 10.0
    55-64 years 424 9.1
    Others 1173 25.2
    Age Group
    Census Count Percent(%)
    Not Married 1935 52.1
    Registered Married 1475 39.7
    Defacto Relationship 307 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1814 42.0
    Croatia 425 9.8
    Indonesia 647 15.0
    South Africa 112 2.6
    Other 532 12.3
    Others 785 18.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 188 4.5
    Christianity 1418 34.1
    Hinduism 576 13.8
    Judaism 576 13.8
    No Religion 1216 29.2
    Others 188 4.5
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 172 9.3
    $1,000-$1,249 166 9.0
    $1,250-$1,499 168 9.1
    $1,500-$1,999 213 11.5
    $2,500-$2,999 175 9.4
    Others 959 51.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1600 42.0
    Not in the labour force 1143 30.0
    Employed, worked part-time 788 20.7
    Unemployed, looking for work 178 4.7
    Employed, away from work 102 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 266 10.7
    Professionals 852 34.3
    Technicians & trades workers 246 9.9
    Clerical & administrative workers 361 14.5
    Sales 252 10.1
    Others 510 20.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 195 17.6
    Secondary 133 12.0
    Technical or Further Educational Institution 101 9.1
    University or other Tertiary Institutions 575 51.8
    Other type of educational institution 63 5.7
    Others 43 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2178 50.8
    Separate house 1049 24.4
    Semi-detached, row or terrace house, townhouse 1008 23.5
    House or flat attached to a shop, office 56 1.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 958 49.1
    Being purchased 507 26.0
    Fully owned 479 24.5
    Other tenure type 8 0.4
    Tenure Type
Census 2011, ABS
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