Glen Iris real estate

Attached homes and apartments make up a larger share of homes in Glen Iris than across Victoria. Flats or apartments are 27% of occupied homes (12% across VIC) and townhouses, terraces or semi-detached houses 18% (14% across VIC), both above the state. Separate houses, at 55%, sit below the Victorian figure of 73%. The figures suggest a larger share of homes in apartment buildings and attached housing here than across the state.

34% of homes in Glen Iris have two bedrooms or fewer, above 25% across VIC, while three-bedroom homes are 32%, below 42%. Homes with four or more bedrooms come to 33%, the same as the 33% across Victoria. On Census night, 10% of private dwellings in Glen Iris were unoccupied, below the VIC figure of 11%.

The median mortgage repayment in Glen Iris is $2,830 a month, above $1,859 across VIC, and median household income is $2,491 a week, above $1,759. Median rent stands at $450 a week, against $370 statewide. Worked out on this page from two medians, the median weekly rent equals 18% of the median weekly income of all Glen Iris households, renters or not, below 21% across Victoria.

By tenure, 37% of households own outright (32% across VIC), above the state, while 33% are paying off a mortgage (36% across VIC) and 28% rent (29% across VIC), both below. Among those renting households, 81% rent from a landlord the ABS records as a real estate agent, above 73% across Victoria.

58% of people aged five and over lived at the same address five years earlier, from a single 2021 Census question about where each person lived in 2016, compared with 54% across VIC. That points to a larger share of people aged five and over in the suburb at the same address in 2021 as in 2016 than across VIC.

The median age is 40 years, above the Victorian median of 38, suggesting an older population than the state's. An average household holds 2.5 people, the same as the 2.5 across VIC. Those figures describe the 26,131 people who lived in the suburb of Glen Iris at the 2021 Census.