Market snapshot
Suburb insights for Glen Iris3146
Change suburbGlen Iris is located 10 km south-east of the CBD. Bounded by Toorak Road in the north and dissected by the Monash Fwy and Gardiners Creek. Glen Iris is a largely residential suburb featuring significant tracts of open spaces including Ferndale Park Burwood Reserve and Hartwell Sports ground. Glen Iris also features Tooronga Village Shopping Centre.
Sales data
Median sale price
$2.2mil
Quarterly price change
-6.5%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Glen Iris | Metro comparison |
|---|---|---|
| 2 | $1,326,250 | $902,000 |
| 3 | $1,951,000 | $807,500 |
| 4 | $2,605,000 | $950,000 |
| Insight | Glen Iris | Metro comparison |
|---|---|---|
| Clearance rate | 76.7% | 73.3% |
| Days on market | 40 | 42 |
Rental data
Median weekly rent
$850
Rental yield
1.9%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Glen Iris | Metro comparison |
|---|---|---|
| 2 | $600 | $560 |
| 3 | $750 | $550 |
| 4 | $1,150 | $595 |
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