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Suburb Insights ยท VIC 3046

Glenroy 3046, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Glenroy is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 23,792, making it a sizeable community. Located approximately 13 km from the Melbourne CBD, Glenroy is a middle ring area in Victoria. The median household income is $86,060 AUD per year (ABS 2021 Census).

Investment Score

69 / 100 Good

Moderate income levels in Glenroy indicate steady rental demand from working households. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Glenroy, Victoria, Australia.

Key Indicators

Postcode
3046

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

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Population
23,792

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

ABS Census Data โ†’
Median Rent (weekly)
$369/wk

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

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Median Household Income
$86,060/yr

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

ABS Census Data โ†’
Distance to CBD
13 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
6

Estimated 6 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)
$1,927/mo

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

ABS Census Data โ†’
Dwelling Type
53% 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

Glenroy'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 $369/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,927/month. The median household income of $86,060/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Glenroy is a natural candidate for patient investors.

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Rental Yield

Rental yields in Glenroy are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Older housing stock in Glenroy combined with strong buyer demand creates solid renovation upside.

Risk Factors

Run the numbers on a Glenroy property

Full Property Analysis

30-year projections for Glenroy

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

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Moderate

Glenroy is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Tenant competition in Glenroy continues to intensify, supporting landlords and rent stability. Glenroy offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Glenroy a good suburb for investment?

Glenroy is a middle ring area in Victoria with a population of 23,792. The median rent is $369/week and the median household income is $86,060/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 Glenroy?

Key demand drivers in Glenroy include established amenities and transport access. 53% of dwellings are separate houses. The area has approximately 6 schools and 10 parks nearby.

What is the population of Glenroy?

According to the ABS 2021 Census, Glenroy has a population of approximately 23,792. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Glenroy from the Melbourne CBD?

Glenroy is approximately 13 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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