Suburb Profile Report for Glen Huntly VIC (3163)

Glen Huntly House: Median price $987,500, Annual capital growth 4.60%, Number of sales 18, Weekly median advertised rent $590

Glen Huntly Unit: Median price $555,000, Annual capital growth 5.03%, Number of sales 57, Weekly median advertised rent $410

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

At number 3870th in the list of Australian suburbs ordered by increase in median house value over the last year, Glen Huntly, 3163 is in the BOTTOM 10% with a property value increase of -17.71% recorded in median house prices.

Across a shorter period, Glen Huntly, 3163 has seen a median price increase of -2.71% over the last quarter.

At number 75 in a list of fastest selling suburbs, Glen Huntly is in the TOP 10% of suburbs in Australia with an average of days on market 37.3077 for properties listed there.

A $590 per week rent on the median house gives suburb investors a gross yield of circa 3.11%, without taking into account capital value appreciation, which has been averaging out at 4.60%.

Glen Huntly is an average performer in VIC when comparing median price capital growth over the last year. Glen Huntly gave property investors a average capital gain figure when compared to the rest of the state, with 1.30%.

Glen Huntly,3163 has offered an average of 1.30% return per annum in house price rises to property investors over the last three years.

At number 62th of VIC’s most discounted properties, Glen Huntly is in the bottom 30% of the state/territory when listing in order of most discounted to least.

Metrics i HOUSE UNIT
$987,500 $555,000
-2.71% -12.32%
-17.71% 1.30%
4.60% 5.03%
$590 $410
18 57
3.11% 3.84%
37.3076923076923 53.6060606060606

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Good (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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