Thinking about buying in Glenrowan? Now could not be a better time, with 586 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $920,000 with prices in this suburb ranging from $167,000 to $4,608,000. The aproximate distance to the coast is 183 Km.
Median Weekly Rent | $263.33 |
Median Monthly Mortgage | $1559.00 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.83 |
Average Age | 45.50 |
Average Income | $752.50 |
Average Cars Per Dwelling | 2.51 |
Average Properties Within 50M | 3 |
3 Bed  $759,000 |
4 Bed  $1,127,000 |
5 Bed  $1,432,000 |
In Glenrowan there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Glenrowan due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Glenrowan provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Glenrowan necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Glenrowan the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
17 SIEGE ST, GLENROWAN, VIC, 3675 | 3 | 1 | 2 | $339,000 |
Glenrowan Primary School
(While the above schools are located with the suburb of Glenrowan there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.3 | 33.4 | 18.2 | 78.2 | 3.6 | 27.2 |
Feb | 1.1 | 14.1 | 31.5 | 23.6 | 84.1 | 3.2 | 23.3 |
Mar | 2.0 | 11.8 | 27.6 | 32.4 | 90.0 | 2.7 | 18.4 |
Apr | 1.1 | 7.2 | 22.6 | 39.3 | 94.2 | 2.3 | 14.3 |
May | 1.6 | 4.5 | 17.4 | 53.0 | 98.0 | 2.1 | 10.0 |
Jun | 1.5 | 2.4 | 13.9 | 63.6 | 98.6 | 2.1 | 8.2 |
Jul | 2 | 3.4 | 13.2 | 64.6 | 98.3 | 2.7 | 8.0 |
Aug | 1.7 | 2.9 | 14.2 | 56.9 | 98.1 | 2.8 | 11.2 |
Sept | 1.5 | 4.3 | 18 | 47.2 | 97.6 | 2.8 | 16.1 |
Oct | 1.5 | 6.4 | 21.9 | 39.8 | 96.2 | 2.9 | 21.3 |
Nov | 1.3 | 9.5 | 26.3 | 27.5 | 90.2 | 3.4 | 25.0 |
Dec | 1.8 | 12.4 | 30.8 | 19.6 | 83.0 | 3.6 | 27.7 |
source: Australian Government Bureau of Meteorology
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