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Glenrowan, VIC 3675
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$625,000
market range $550K-$725K
Median Unit
$340,000
Gross Yield (houses)
4.4%
1yr Growth (houses)
-1.3%
market range -5.0% to +7.5%
Investment snapshot for Glenrowan
Glenrowan has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Glenrowan market and investor summary
Glenrowan (VIC 3675) runs a median house price of $625K, with houses yielding a gross 4.4%. House prices have moved -1.3% over the past year and +0.0% over three years. At 2.3% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 68 days on market, so plan for a slower exit if you ever need one.
Living in Glenrowan: people, income and schools
Glenrowan is home to around 1,049 people, a number that has held fairly steady over five years. The median age is 45, skewed a little older, and 88% 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 $80,000 a year, or roughly $1,540 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 about 7.8 times local household income, in line with much of metropolitan Australia. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 4 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 1,049
- +3% over 5yr
- Median age
- 45 years
- Median household income
- $80,000/yr
- Households renting
- 8%
- Family households
- 79%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1012
- Unemployment
- 2.7%
- Walk score
- 4/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Glenrowan
No properties currently listed in Glenrowan
Search Glenrowan listings →Frequently asked questions about Glenrowan
What should I check before investing in Glenrowan?
Glenrowan has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.7%, 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 Glenrowan?
The median property price in Glenrowan, VIC 3675 is $625K for houses and $340K for units.
What rental yield does Glenrowan show?
The gross rental yield in Glenrowan is 4.4% for houses and 5.7% 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 Glenrowan?
House prices in Glenrowan are down 1.3% over the past year and up 0.0% over three years. 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 Glenrowan?
The current vacancy rate in Glenrowan is 2.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Glenrowan?
Glenrowan has a population of approximately 1,049 residents, with a median age of 45.
What schools are near Glenrowan?
There are 1 school within roughly 5km of Glenrowan. 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 Glenrowan affordable to buy in?
A median house in Glenrowan costs about 7.8 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 Glenrowan's population growing?
The population of Glenrowan 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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