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Suburb Insights ยท VIC 3238

Glenaire 3238, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Glenaire is a regional centre in Victoria, Australia, with a population of approximately 33, making it a boutique locality. Located approximately 165 km from the Melbourne CBD, Glenaire is a regional area in Victoria. The median household income is $97,448 AUD per year (ABS 2021 Census).

Investment Score

40 / 100 Weak

Above-average earnings in Glenaire support sustained property values. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Map shows Glenaire, Victoria, Australia.

Key Indicators

Postcode
3238

Official Australia Post postcode for Glenaire. A postcode may cover multiple suburbs.

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Population
33

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

ABS Census Data โ†’
Median Rent (weekly)
N/A

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

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Median Household Income
$97,448/yr

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

ABS Census Data โ†’
Distance to CBD
165 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
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,411/mo

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

ABS Census Data โ†’
Dwelling Type
33% 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

As a regional centre, Glenaire serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median household income of $97,448/year reflects a solid demographic, supporting sustainable rental demand. With only 33% separate houses, Glenaire has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Glenaire offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

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Rental Yield

Achieving strong cash flow in Glenaire is challenging at current rent-to-price ratios.

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Renovation / Flip

Renovation or flip strategies in Glenaire face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Glenaire property

Full Property Analysis

30-year projections for Glenaire

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Glenaire faces a cautious growth outlook for 2026 โ€” investors should focus on yield rather than short-term gains. Rental demand may be softer โ€” budgeting for vacancy periods is prudent in Glenaire's 2026 outlook. Glenaire is not a headline market, but contrarian investors may see long-term potential.

Frequently Asked Questions

Is Glenaire a good suburb for investment?

Glenaire is a regional area in Victoria with a population of 33. the median household income is $97,448/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 Glenaire?

Key demand drivers in Glenaire include regional employment hubs, lifestyle, and affordability. 33% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Glenaire?

According to the ABS 2021 Census, Glenaire has a population of approximately 33. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Glenaire from the Melbourne CBD?

Glenaire is approximately 165 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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