Glenrowan VIC

Postcode 3675 · Wangaratta LGA

Glenrowan is a small community in Victoria within the Wangaratta local government area (postcode 3675). With a population of 1,049, the suburb has a mature demographic with a median age of 45. Households earn a median income of $80K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.

The median house price in Glenrowan is $576,000, having surged 11.3% over the past year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,387.

Glenrowan is served by 1 school, including 1 primary. The average ICSEA score is 1015, which is around the national average of 1,000. Public transport access includes 1 bus stop. The crime rate in the Wangaratta LGA is higher than average at 9,523 incidents per 100,000 population.

From an investment perspective, Glenrowan offers a gross rental yield of 3.6%, rated as moderate yield. Property prices sit below the state median ($576K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +11.3% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.6% Moderate Yield
Price vs State$576K/$875K Below Median
Affordability7.2x Moderate
Price Momentum+11.3% Rising
SEIFA INDEX (ABS)
Advantage7/10
Education5/10
Economic7/10
Disadvantage6/10
MEDIAN HOUSE
$576K
11.3% YoY
MEDIAN RENT /WK
$280
POPULATION
1,049
DEMOGRAPHICS
Median Age45
Household Size2.6
HH Income /wk$1,543
Personal Income /wk$749
Mortgage /mth$1,387
CRIME (Wangaratta LGA)
Crime Rate (per 100k)9,523
Total Incidents2,889
TRANSPORT
Bus Stops1
SCHOOLS (1)
Avg ICSEA1015
Total Students107
Government1
Glenrowan Primary SchoolPrimary · Government · ICSEA 1015
Data: 2024