Glen Iris — Units

NEUTRAL
VIC 3146 Unit Rank #71 of 206 in Melbourne
$679K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
108 buyers/listing
Strong
LIQUIDITY
26d DOM
Strong
AFFORDABILITY
0.9% vs 5yr
Neutral
GROWTH OUTLOOK
Average
Neutral
YIELD
4.4%
Strong
SUPPLY PRESSURE
1.4% vacancy
Strong
#71/206 Average Structure 47 $679K

Atlaso rates Glen Iris units as HOLD. Average growth outlook. Vacancy remains tight at 1.4%, but conviction is not high enough for a BUY rating. Better units options may be available in Melbourne.

At $679K, Glen Iris ranks #71 of 206 units in Melbourne. The long-term structural outlook is Average. Buyer demand is strong with 108 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Glen Iris Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Buyer's Market Stock rising, prices softening. Buyers have leverage.
-3.3%
Asking Prices (3mo)
-2.6%
Rents (12mo)
1.1%
Vacancy
58%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$776K

Unit Weekly Rents (12 months)

$592/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3146.

Suburb Profile

Glen Iris at a Glance

SEIFA Index
10/10
Most advantaged
Household Income
$2,491/wk
Median household
Median Age
40
Years
Mortgage Stress
26%
of income
Population Growth
+0.5%
vs state +2.2%
Ownership Mix
34.9% owned 34.5% mortgage 28.1% renting

Demographic Trends

Glen Iris Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Glen Iris Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Glen Iris a good suburb to invest in?
Atlaso rates Glen Iris as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Glen Iris and 46 Australian cities to generate this rating.
What is the median house price in Glen Iris?
The current median house price in Glen Iris, vic is $679K, with annual growth of +7.6%. Properties sell in approximately 26 days.
How fast do properties sell in Glen Iris?
Properties in Glen Iris sell in 26 days on average. The market is currently rated Average. This is in line with the broader market.
What is the growth outlook for Glen Iris?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Glen Iris's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Glen Iris?
The gross rental yield for houses in Glen Iris is 4.4%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).