Suburb Profile Report for Glen Iris WA (6230)

Glen Iris House: Median price $321,000, Annual capital growth 0.84%, Number of sales 45, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

With a capital gain of -10.21% for the last 12 months, Glen Iris, 6230 has performed for property investments than its average annual 0.84% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Glen Iris has fallen somewhat when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Glen Iris, 6230. Typically our figures indicate that -9.71% is being offered, which puts this WA suburb at 349th most discounted overall in Australia.

Often selling an investment property can take time, and in Glen Iris the average time real estate has been on the market is 148.24 days.

Glen Iris, 6230’s gross rental yield is 5.83%

Metrics i HOUSE UNIT
$321,000 N/A
-2.73% N/A
-10.21% N/A
0.84% N/A
$360 N/A
45 N/A
5.83% N/A
148.24 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 2880
Median household income ($/weekly) 1478
Median age of persons 30
Median housing loan repayment ($/monthly) 1937
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 474 16.5
    25-34 years 443 15.4
    35-44 years 422 14.6
    45-54 years 391 13.6
    55-64 years 263 9.1
    Others 888 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 945 49.4
    Not Married 696 36.4
    Defacto Relationship 271 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2176 81.2
    Papua New Guinea 113 4.2
    South Africa 38 1.4
    United Kingdom 144 5.4
    Other 62 2.3
    Others 147 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 1.6
    Christianity 1695 66.4
    Islam 19 0.7
    Other Religious Groups 18 0.7
    No Religion 776 30.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 88 10.5
    $1,250-$1,499 94 11.2
    $1,500-$1,999 141 16.8
    $2,000-$2,499 90 10.7
    $2,500-$2,999 81 9.7
    Others 344 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 925 46.1
    Not in the labour force 511 25.4
    Employed, worked part-time 388 19.3
    Employed, away from work 97 4.8
    Unemployed, looking for work 87 4.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 309 21.9
    Clerical & administrative workers 169 12.0
    Sales 158 11.2
    Machinery operators & drivers 187 13.3
    Labourers 207 14.7
    Others 380 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 58 9.1
    Infants/Primary 283 44.6
    Secondary 175 27.6
    Technical or Further Educational Institution 59 9.3
    University or other Tertiary Institutions 44 6.9
    Others 16 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2639 99.4
    Semi-detached, row or terrace house, townhouse 15 0.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 493 52.1
    Rented 262 27.7
    Fully owned 185 19.6
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals