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Suburb Insights ยท VIC 3146

Glen Iris 3146, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Glen Iris is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 26,131, making it a sizeable community. Located approximately 10 km from the Melbourne CBD, Glen Iris is a middle ring area in Victoria. The median household income is $129,532 AUD per year (ABS 2021 Census).

Investment Score

81 / 100 Strong

Strong household incomes in Glen Iris underpin solid property demand. The short commute to the city centre is a key demand driver.

Location

Map shows Glen Iris, Victoria, Australia.

Key Indicators

Postcode
3146

Official Australia Post postcode for Glen Iris. A postcode may cover multiple suburbs.

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Population
26,131

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$450/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$129,532/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
10 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
7

Estimated 7 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
10

Estimated 10 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,830/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
49% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Glen Iris's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $450/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,830/month. A median household income of $129,532/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Glen Iris's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Glen Iris's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

Glen Iris's established market and growing population make it a viable location for value-add renovations.

Risk Factors

Run the numbers on a Glen Iris property

Full Property Analysis

30-year projections for Glen Iris

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Glen Iris enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Strong rental fundamentals in Glen Iris provide a reliable income base for investment properties. Overall, investor sentiment toward Glen Iris is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Glen Iris a good suburb for investment?

Glen Iris is a middle ring area in Victoria with a population of 26,131. The median rent is $450/week and the median household income is $129,532/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Glen Iris?

Key demand drivers in Glen Iris include established amenities and transport access. 49% of dwellings are separate houses. The area has approximately 7 schools and 10 parks nearby.

What is the population of Glen Iris?

According to the ABS 2021 Census, Glen Iris has a population of approximately 26,131. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Glen Iris from the Melbourne CBD?

Glen Iris is approximately 10 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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