Edithvale vs Glenlyon
Property investment comparison - Edithvale, VIC 3196 vs Glenlyon, VIC 3461
Head-to-head across core investment metrics: Edithvale wins 2, Glenlyon wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Edithvale | Glenlyon |
|---|---|---|
| Median house price | $1.3M | $1.3M |
| Median unit price | $860K | $605K |
| Gross rental yield (houses) | 3.02% | - |
| Gross rental yield (units) | 4.00% | 3.66% |
| 1-year house growth | +4.0%estimate | - |
| 3-year house growth | - | - |
| Vacancy rate | 1.8% | 7.5% |
| Population | 6,276 | 431 |
Edithvale vs Glenlyon: what the numbers say
The median house price is $1.3M in Edithvale and $1.3M in Glenlyon, so Glenlyon is the cheaper entry point, with Edithvale houses about 1% dearer.
For units, Edithvale sits at a median of $860K against $605K in Glenlyon, which makes Glenlyon the more affordable unit market and Edithvale the pricier one.
Rental vacancy is 1.8% in Edithvale and 7.5% in Glenlyon, so landlords in Edithvale face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Edithvale is the bigger suburb, with a population of 6,276 against 431, roughly 15 times the size of Glenlyon; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Glenlyon for a lower purchase price, Edithvale for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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