Glen Huntly is a smaller suburb in Victoria within the Glen Eira local government area (postcode 3163). With a population of 4,905, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Indian.
The median house price in Glen Huntly is $1.5 million, having dropped significantly 11.6% over the past year. Units have a median price of $620,000 (+1.9% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
Glen Huntly is served by 2 schools, including 2 primary. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 6 bus stops. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Glen Huntly offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 15.7x is considered stretched. House prices have moved -11.6% year-on-year.
Glen Huntly is a smaller suburb in Victoria within the Glen Eira local government area (postcode 3163). With a population of 4,905, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $98K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Indian.
The median house price in Glen Huntly is $1.5 million, having dropped significantly 11.6% over the past year. Units have a median price of $620,000 (+1.9% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
Glen Huntly is served by 2 schools, including 2 primary. The average ICSEA score is 1124, which is well above the national average of 1,000. Public transport access includes 3 rail stations, 6 bus stops. The crime rate in the Glen Eira LGA is moderate at 4,737 incidents per 100,000 population.
From an investment perspective, Glen Huntly offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 15.7x is considered stretched. House prices have moved -11.6% year-on-year.