Glen Eira City, VIC

Glen Eira is a local government area in the state of Victoria, located in Melbourne’s south-eastern suburbs. The Glen Eira property market is a thriving and ever-growing market that offers a wide range of housing options for buyers and renters.

Show More

There is a good mix of new and established properties available, and the market is constantly adapting to the needs of its residents. The area is well serviced by public transport, schools, and local amenities, making it an excellent place to live.

The Glen Eira economy is a mix of service and manufacturing industries. The largest industry is healthcare, followed by education and retail. There is also a significant amount of manufacturing, especially in the automotive and food industries.

Professionals account for 34.5 % of employment in Glen Eira, followed by managers at 16.5 %, clerical and administrative workers at 13.5 %, sales workers at 9.2 %, and community and personal service workers at 9.0 %. Glen Eira’s typical weekly personal income for residents aged 15 years and older is $780.

There are many single-family homes, as well as apartments and townhouses. In Glen Eira, 50.6 % of occupied private residences are detached houses, 24.2 % are semi-detached, row or terrace houses, townhouses, and similar structures, 24.5 % are flats or apartments, and 0.3 % are other housing.

The market is considered to be stable, with prices increasing at a modest rate.

Discover the latest rends for sale and rental prices in Glen Eira with the help of interactive dashboard on this page.

Show Less



Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

Join HtAG FREE on the Starter Plan

Subscribe to our newsletter and receive a 100% discount code to your verified email

No data
Loading…
No data
Loading…
Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Glen Eira City, VIC

What other property markets are there near Glen Eira City, VIC?

Glen Eira City is surrounded by 4 other council areas – Kingston, Port Phillip, Monash, Bayside.

Suburbs/localities in this Local Government Area: Glen Huntly 3163, Mckinnon 3204, Murrumbeena 3163, Ormond 3204, Bentleigh 3204, Bentleigh East 3165, St Kilda East 3183, Carnegie 3163, Caulfield 3162, Caulfield East 3145, Caulfield North 3161, Caulfield South 3162, Elsternwick 3185, Gardenvale 3185

Leave a comment