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Glen Eira City, VIC

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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.

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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.

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Suburb Heatmap Analysis

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

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
No Price Data
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No Rent Data
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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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.

How many people live in Glen Eira City, VIC?

There are approximately 141000 people living in roughly 60000 dwellings in total, with an average household size of 2.5.

What major retailers are there in Glen Eira City, VIC?

The main retail centres are Glen Eira Cellars, Bentleigh Shopping Centre, Trulyco.

What is the main industry in Glen Eira City, VIC?

Such sectors as Professional, Scientific and Technical Services, Health Care and Social Assistance, Education and Training, Retail Trade, Construction, Manufacturing make up the largest part of the employment.

What are the dominant demographic groups in Glen Eira City, VIC?

Among approximately 141000 people in Glen Eira City males and females make roughly 48% and 52% respectively. The median age of people is 37 years. Children aged 0-14 years account for approximately 18% of the population, and those aged 65+ years account for15 %.

How is unemployment rate trending in Glen Eira City, VIC?

Among approximately 74000 people employed, roughly 58% work full-time, 32% work part-time, and an estimated 6% are unemployed.

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