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Glengarry West, VIC 3854

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

Data updated

Tight Rental Market

Median House

$900,000

Median Unit

$420,000

list-price estimate

Gross Yield (houses)

3.1%

1yr Growth

-

Investment snapshot for Glengarry West

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

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Glengarry West market and investor summary

Glengarry West (VIC 3854) runs a median house price of $900K, with houses yielding a gross 3.1%. At 1.6% 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 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.

Living in Glengarry West: people, income and schools

About 155 people live in Glengarry West, and the area has been growing steadily, up about 6% over five years. The median age is 45, skewed a little older, and 85% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $93,000 a year, or roughly $1,780 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 9.7 times local household income, so affordability is a genuine constraint on local buyers.

There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
155
+6% over 5yr
Median age
45 years
Median household income
$93,000/yr
Households renting
10%
Family households
78%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
1
avg ICSEA 983
Unemployment
2.6%

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

Properties in Glengarry West

No properties currently listed in Glengarry West

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Frequently asked questions about Glengarry West

What should I check before investing in Glengarry West?

Glengarry West has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.6% 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 Glengarry West?

The median property price in Glengarry West, VIC 3854 is $900K for houses.

What rental yield does Glengarry West show?

The gross rental yield in Glengarry West is 3.1% for houses. 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 Glengarry West?

The current vacancy rate in Glengarry West is 1.6%. 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 Glengarry West?

Glengarry West has a population of approximately 155 residents, with a median age of 45.

What schools are near Glengarry West?

There are 1 school within roughly 5km of Glengarry West. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Glengarry West affordable to buy in?

A median house in Glengarry West costs about 9.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Glengarry West's population growing?

The population of Glengarry West has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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