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Glenburn, VIC 3717
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$800,000
list-price estimate
Median Unit
$385,000
Gross Yield (houses)
1.8%
1yr Growth (houses)
+1.0%
market range -10.0% to +7.5%
Investment snapshot for Glenburn
Glenburn has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Glenburn market and investor summary
In Glenburn, VIC 3717, houses show a gross rental yield of 1.8%. House prices have moved +1.0% over the past year. At 3.1% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 1.8% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Glenburn: people, income and schools
Glenburn is home to around 443 people, and the area has been growing steadily, up about 9% over five years. At a median age of 50, it reads as an older, established demographic, and 81% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $88,000 a year (about $1,700 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.
Glenburn sits about 60 km from the CBD.
- Population
- 443
- +9% over 5yr
- Median age
- 50 years
- Median household income
- $88,000/yr
- Households renting
- 11%
- Family households
- 82%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 5.2%
- Distance to CBD
- 60 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Glenburn
No properties currently listed in Glenburn
Search Glenburn listings →Frequently asked questions about Glenburn
What should I check before investing in Glenburn?
Glenburn has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Glenburn?
The median property price in Glenburn, VIC 3717 is $385K for units.
What rental yield does Glenburn show?
The gross rental yield in Glenburn is 1.8% for houses and 5.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Glenburn?
House prices in Glenburn are up 1.0% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Glenburn?
The current vacancy rate in Glenburn is 3.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Glenburn?
Glenburn has a population of approximately 443 residents, with a median age of 50.
Is Glenburn's population growing?
The population of Glenburn has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Glenburn from the CBD?
Glenburn is about 60 km from the CBD.
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