Suburb Profile Report for Glen Iris WA (6230)

Glen Iris House: Median price $320,000, Annual capital growth 0.31%, Number of sales 39, Weekly median advertised rent $340

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

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.

Metrics i HOUSE UNIT
$320,000 N/A
0.79% N/A
20.98% N/A
0.31% N/A
$340 N/A
39 N/A
5.53% N/A
81.1875 N/A

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Glen Iris WA
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