Glengarry is a small community in Victoria within the Latrobe (Vic.) local government area (postcode 3854). With a population of 1,113, the suburb has an established demographic with a median age of 40. Households earn a median income of $110K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Glengarry is $590,000, having increased 2.3% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,517.
Glengarry is served by 1 school, including 1 primary. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
From an investment perspective, Glengarry offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($590K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +2.3% year-on-year.
Glengarry is a small community in Victoria within the Latrobe (Vic.) local government area (postcode 3854). With a population of 1,113, the suburb has an established demographic with a median age of 40. Households earn a median income of $110K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, managers, professionals. The top ancestries reported are Australian, English, Irish.
The median house price in Glengarry is $590,000, having increased 2.3% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,517.
Glengarry is served by 1 school, including 1 primary. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
From an investment perspective, Glengarry offers a gross rental yield of 3.3%, rated as moderate yield. Property prices sit below the state median ($590K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.4x is considered affordable. House prices have moved +2.3% year-on-year.