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Glenfyne, VIC 3266

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$755,000

Median Unit

$310,000

Gross Yield (houses)

2.6%

1yr Growth

-

Investment snapshot for Glenfyne

Glenfyne has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Glenfyne market and investor summary

In Glenfyne, VIC 3266, the median house sells for around $755K, on a gross rental yield of 2.6% for houses. At 0.5% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.6% will not cover holding costs in the early years, so the case leans on price appreciation.

Living in Glenfyne: people, income and schools

Glenfyne is home to around 131 people, a number that has held fairly steady over five years. At a median age of 41, it reads as skewed a little older, and 70% of homes are owner-occupied.

The typical household income runs to around $101,000 a year (about $1,940 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 7.5 times local household income, in line with much of metropolitan Australia. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
131
-2% over 5yr
Median age
41 years
Median household income
$101,000/yr
Households renting
20%
Family households
80%
Socio-economic rank
4/10
ABS advantage index
Unemployment
1.3%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Glenfyne

No properties currently listed in Glenfyne

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Frequently asked questions about Glenfyne

What should I check before investing in Glenfyne?

Glenfyne has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.0% gives a usable rent-to-price starting point. Tight rental market (0.5% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Glenfyne?

The median property price in Glenfyne, VIC 3266 is $755K for houses and $310K for units.

What rental yield does Glenfyne show?

The gross rental yield in Glenfyne is 2.6% for houses and 4.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Glenfyne?

The current vacancy rate in Glenfyne is 0.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Glenfyne?

Glenfyne has a population of approximately 131 residents, with a median age of 41.

Is Glenfyne affordable to buy in?

A median house in Glenfyne costs about 7.5 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Glenfyne's population growing?

The population of Glenfyne has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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