Suburb Profile Report for Glen Iris WA (6230)

Glen Iris House: Median price $334,500, Annual capital growth 0.71%, Number of sales 32, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

WA has seen average median house prices change by -5.20% which means that Glen Iris, 6230 has not done well for property investors by showing a capital gain of -2.19% over the last year

Glen Iris,6230 was ranked 3281 in Australia by increase in median property value over the quarter.

The most recent median price for Glen Iris is $334500, with sellers offering an average of -8.50% off the asking price.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 0.71%, investors should hope to achieve an overall return of 5.60%

Metrics i HOUSE UNIT
$334,500 N/A
-1.62% N/A
-2.19% N/A
0.71% N/A
$360 N/A
32 N/A
5.60% N/A
147.08 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