Glenroy is a large suburb in Victoria within the Moreland local government area (postcode 3046). With a population of 23,792, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $86K 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 Australian, English, Italian.
The median house price in Glenroy is $827,000, having increased 4.4% over the past year. Units have a median price of $585,000 (+1.2% YoY). The median weekly rent is $369 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,927.
Glenroy is served by 7 schools, including 4 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 7 rail stations, 81 bus stops.
From an investment perspective, Glenroy offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($827K/$875K). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +4.4% year-on-year.
Glenroy is a large suburb in Victoria within the Moreland local government area (postcode 3046). With a population of 23,792, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $86K 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 Australian, English, Italian.
The median house price in Glenroy is $827,000, having increased 4.4% over the past year. Units have a median price of $585,000 (+1.2% YoY). The median weekly rent is $369 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $1,927.
Glenroy is served by 7 schools, including 4 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 7 rail stations, 81 bus stops.
From an investment perspective, Glenroy offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($827K/$875K). The price-to-income ratio of 9.6x is considered moderate. House prices have moved +4.4% year-on-year.