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 1.2%, with a median house buy price of $2,426,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$1,367,000
$2,095,000
$2,491,250
$2,426,000
Suburb Market Profile
Last month Glen Iris had 130 properties available for rent and 141 properties for sale. Median property prices over the last year range from $2,426,000 for houses to $717,500 for units. If you are looking for an investment property, consider houses in Glen Iris rent out for $1,050 PW with an annual rental yield of 2.4% and units rent for $590 PW with a rental yield of 4.7%. Glen Iris has seen an annual compound growth rate of 1.2% for houses and 6.1% for units.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC