Real Estate Glen Iris, VIC, 3146 Boroondara
Thinking about buying in Glen Iris? Now could not be a better time, with a whopping 13628 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $1,534,000 with prices in this suburb ranging from $280,000 to $7,696,000.
Distance to the coast is 5 Km.Glen Iris Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Glen Iris ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Glen Iris classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Glen Iris requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
About
Household makeup
| Median Weekly Rent | $572.73 |
| Median Monthly Mortgage | $3280.76 |
| Median Persons Per Bedroom | 0.83 |
| Average Household Size | 2.82 |
| Average Age | 37.00 |
| Average Income | $1675.00 |
| Average Cars Per Dwelling | 2.79 |
| Average Properties Within 50M | 40.00 |
Typical Property Prices
| 1 Bed | $359,232 |
| 2 Bed | $655,062 |
| 3 Bed | $1,328,613 |
| 4 Bed | $1,814,581 |
| 5 Bed | $2,794,000 |
Housing Stock
Houses for sale Glen Iris
Local Schools
Glen Iris Primary School
Camberwell South Primary School
Sacre Coeur
St Roch's School
St Cecilia's School
Korowa Anglican Girls' School
Picton Primary School
Grace Christian School
(While the above schools are located with the suburb of Glen Iris there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Glen Iris weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.5 | 16.4 | 27.0 | 42.8 | 86.8 | 2.9 | 23.8 |
| Feb | 1.0 | 15.9 | 25.8 | 44.4 | 86.5 | 2.7 | 20.3 |
| Mar | 1.1 | 14.5 | 24.1 | 45.4 | 88.1 | 2.5 | 15.6 |
| Apr | 2.0 | 12.1 | 20.8 | 48.0 | 90.9 | 2.4 | 10.6 |
| May | 1.6 | 10.0 | 17.7 | 52.3 | 89.4 | 2.9 | 7.8 |
| Jun | 1.3 | 7.7 | 15.0 | 59.8 | 93.7 | 2.5 | 6.9 |
| Jul | 1.3 | 7.8 | 14.4 | 56.9 | 89.5 | 3.3 | 7.4 |
| Aug | 1.6 | 7.8 | 15.1 | 51.2 | 89.3 | 3.0 | 10.0 |
| Sept | 1.4 | 9.3 | 17.7 | 46.1 | 88.9 | 3.1 | 14.0 |
| Oct | 1.4 | 11.1 | 21.1 | 42.8 | 89.3 | 3.2 | 18.3 |
| Nov | 1.8 | 12.5 | 22.4 | 43.4 | 88.6 | 2.9 | 20.8 |
| Dec | 2.0 | 14.6 | 24.8 | 43.5 | 88.6 | 2.8 | 24.0 |
source: Australian Government Bureau of Meteorology
Internet Speed
Fibre to the Basement (vectored or non-vectored)
Fibre to the Curb
Fibre to the Node
Fibre to the Premises
Fixed Wireless
Hybrid Fibre Coaxial (HFC)
Satellite
Nearby Suburbs
Public Transport
General Points of Interest
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