GLEN IRIS 3146
State: VICPosiProp AI Investment Summary
GLEN IRIS (VIC 3146) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 2.4% and has experienced a 12-month capital growth of Up 13.6%, with a median house buy price of $2,612,500. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,402,500
$2,200,000
$2,692,500
$2,612,500
Suburb Market Profile
Last month Glen Iris had 94 properties available for rent and 157 properties for sale. Median property prices over the last year range from $2,612,500 for houses to $695,000 for units. If you are looking for an investment property, consider houses in Glen Iris rent out for $1,000 PW with an annual rental yield of 2.4% and units rent for $588 PW with a rental yield of 4.2%. Glen Iris has seen an annual compound growth rate of 13.6% for houses and -5.3% for units.