Suburb Profile Report for Glen Huntly VIC (3163)

Glen Huntly House: Median price $1,362,000, Annual capital growth 12.65%, Number of sales 13, Weekly median advertised rent $535

Glen Huntly Unit: Median price $549,500, Annual capital growth 6.05%, Number of sales 90, Weekly median advertised rent $390

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.27% which means that Glen Huntly, 3163 has done well for property investors by showing a capital gain of -2.71% over the last year

Comparing Glen Huntly,3163 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Glen Huntly is 567th on a list of best yielding suburbs for rents in VIC with a 2.04% return

At number 1043th in the list of Australian suburbs ordered by increase in median house value over the last year, Glen Huntly, 3163 is in the BOTTOM 50% with a property value increase of 0.83% recorded in median house prices.

The five-year average increase in median property values for Glen Huntly,3163 has given property investors a potential capital gain of 17.41% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Glen Huntly is offering property investors an average of -5.13. This rate of discount on properties puts Suburb at number 208th in terms of most discounted suburbs in VIC

A $390 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 6.05%.

Metrics i HOUSE UNIT
$1,362,000 $549,500
2.41% -1.88%
-2.71% 0.83%
12.65% 6.05%
$535 $390
13 90
2.04% 3.69%
N/A 49.37

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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
Chart Table
Recent sales & rentals