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Glen Eira
VIC, 3204

Thinking about buying in Glen Eira? Now could not be a better time, with 4849 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,573,000 with prices in this suburb ranging from $279,000 to $87,530,000. Glen Eira is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $475.32
Median Monthly Mortgage $2468.53
Median Persons Per Bedroom 0.94
Average Household Size 2.63
Average Age 38.37
Average Income $958.84
Average Cars Per Dwelling 1.58
Average Properties Within 50M 33

Housing Stock

Average Property Prices

1 Bed  $1,379,000
2 Bed  $1,398,000
3 Bed  $2,092,000
4 Bed  $2,571,000
5 Bed  $2,908,000
6 Bed+$2,461,000

Glen Eira Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Glen Eira driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Glen Eira ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Glen Eira classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Glen Eira necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Glen Eira

Century 21 FLAT 102, 2 ULUPNA RD, ORMOND, VIC, 3204 Beds2 Bathrooms2 Parking 1 $590,000 TO $625,000 FORTHCOMING AUCTION
Century 21 FLAT 1, 30 WALSH ST, ORMOND, VIC, 3204 Beds1 Bathrooms1 Parking 1 $389,000
Ray White FLAT 10, 305 GRANGE RD, ORMOND, VIC, 3204 Beds3 Bathrooms3 Parking 2 1075000
Ray White 2 COANE ST, ORMOND, VIC, 3204 Beds3 Bathrooms2 Parking 2 1550000
Ray White UNIT 1, 68 HALL ST, ORMOND, VIC, 3204 Beds4 Bathrooms3 Parking 2 1750000
Woodards 25 BETHELL ST, ORMOND, VIC, 3204 Beds3 Bathrooms1 Parking 1 $1,850,000

Local Schools

Mckinnon Primary School

Katandra School

Ormond Primary School

St Kevin's School

Kilvington Grammar School

Divrei Emineh

Mckinnon Secondary College

Glen Huntly Primary School

Caulfield South Primary School

Valkstone Primary School

(While the above schools are located with the suburb of Glen Eira there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Glen Eira weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.515.026.942.886.14.925.0
Feb1.715.126.445.087.04.721.1
Mar1.414.024.247.387.94.516.3
Apr2.111.120.75191.33.911.8
May1.89.017.257.190.84.28.5
Jun1.86.714.663.893.53.97.3
Jul1.76.814.360.590.84.87.5
Aug1.87.314.956.390.25.010.2
Sept1.98.717.650.589.45.014.6
Oct2.09.820.448.289.94.719.6
Nov2.511.822.347.088.74.822.8
Dec2.213.524.744.187.24.825.7

source: Australian Government Bureau of Meteorology


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Nearby Suburbs

OrmondGlen HuntlyCarnegieCaulfield SouthBentleighCaulfield EastCaulfieldMurrumbeenaBrighton EastGardenvale

Public Transport


General Points of Interest

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