Over the last year, property investments in Glen Iris, 6230 have given investors a capital gain of 20.98%. This compares very favourably with the -1.74% for WA as a whole.
Comparing Glen Iris,6230 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Glen Iris should be aiming for at least -6.50% off the asking price, which is the average vendor discount being achieved at the moment.
At number 2070 in a list of fastest selling suburbs, Glen Iris is just in the bottom half of suburbs in Australia with an average of days on market 81.1875 for properties listed there.
Renters in Suburb are facing rents around $17680 per annum or $340 every week.