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Glenhope, VIC 3444
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$825,000
Median Unit
$725,000
list-price estimate
Gross Yield (houses)
4.3%
1yr Growth
-
Investment snapshot for Glenhope
Glenhope has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Glenhope market and investor summary
In Glenhope, VIC 3444, the median house sells for around $825K, on a gross rental yield of 4.3% for houses. At 0.7% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.3% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. Houses also take time to sell, around 79 days on market, so plan for a slower exit if you ever need one.
Living in Glenhope: people, income and schools
About 66 people live in Glenhope, a number that has held fairly steady over five years. At a median age of 50, it reads as an older, established demographic, and 84% 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 $86,000 a year (about $1,660 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 9.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 26% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 66
- +3% over 5yr
- Median age
- 50 years
- Median household income
- $86,000/yr
- Households renting
- 16%
- Family households
- 77%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 2.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Glenhope
No properties currently listed in Glenhope
Search Glenhope listings →Frequently asked questions about Glenhope
What should I check before investing in Glenhope?
Glenhope has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.3% gives a usable rent-to-price starting point. Tight rental market (0.7% 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 Glenhope?
The median property price in Glenhope, VIC 3444 is $825K for houses.
What rental yield does Glenhope show?
The gross rental yield in Glenhope is 4.3% 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 Glenhope?
The current vacancy rate in Glenhope is 0.7%. 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 Glenhope?
Glenhope has a population of approximately 66 residents, with a median age of 50.
Is Glenhope affordable to buy in?
A median house in Glenhope costs about 9.5 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 Glenhope's population growing?
The population of Glenhope has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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