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Glenlyon, VIC 3461
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,325,000
market range $950K-$1.3M
Median Unit
$605,000
Gross Yield (units)
3.7%
1yr Growth
-
Investment snapshot for Glenlyon
Glenlyon has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Glenlyon market and investor summary
Glenlyon (VIC 3461) runs a median house price of $1.3M. At 7.5% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 7.5% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 94 days on market, so plan for a slower exit if you ever need one.
Living in Glenlyon: people, income and schools
Glenlyon is home to around 431 people, and the area has been growing steadily, up about 6% over five years. The median age is 53, an older, established demographic, and 89% 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 $77,000 a year, or roughly $1,480 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 17.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 32% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 431
- +6% over 5yr
- Median age
- 53 years
- Median household income
- $77,000/yr
- Households renting
- 7%
- Family households
- 65%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Glenlyon
View all →Frequently asked questions about Glenlyon
What should I check before investing in Glenlyon?
Glenlyon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Glenlyon?
The median property price in Glenlyon, VIC 3461 is $1.3M for houses and $605K for units.
What rental yield does Glenlyon show?
The gross rental yield in Glenlyon is 3.7% 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 Glenlyon?
The current vacancy rate in Glenlyon is 7.5%. 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 Glenlyon?
Glenlyon has a population of approximately 431 residents, with a median age of 53.
Is Glenlyon affordable to buy in?
A median house in Glenlyon costs about 17.3 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 Glenlyon's population growing?
The population of Glenlyon 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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