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Glenroy Property Investment Overview

Suburb research data for Glenroy, VIC 3046 — median prices, rental yield and suburb signals. General information only.

Government Public Data Price 2025 Rent 2025
Median House Price
$825,000
2025 data
Gross Rental Yield
3.3%
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Weekly Rent
$530
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Renter Demand
58%
of residents rent
Vacancy Rate
0.5%
Low — tight market
Population
23,792
Suburb residents
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📍 Suburb Overview

State VIC
Postcode 3046
Median house price $825,000
Median unit price $632,000
Weekly rent (median) $530/wk (unlock cashflow model)
Gross yield 3.3% (unlock risk & score)
Renter % 58.0%
Vacancy rate 0.48%
Population 23,792
Median household income $86,060/yr
Owner-occupied 42.0%
Median age 34 yrs
Total dwellings 5,562

🛡️ Safety & Crime

Reported crime level Higher reported crime
Incidents / 1,000 residents 57

Glenroy shows above-average reported crime compared with other VIC suburbs, based on 2024 state police data.

Source: VIC police / crime statistics. Reported offences vary by category and reporting practices — check current local figures before deciding.

Investment Signals

Confidence: High High

Multiple core metrics are available, including price, rent/yield and population or demand indicators.

Last updated: 2025 · Public suburb-level data coverage varies by location and source. Verify current figures before making property decisions.

✅ Low vacancy (0.5%) — tight rental market
✅ High renter proportion (58%) — strong rental demand base
⚠️ Higher reported crime (57 incidents/1,000 residents) — VIC reported data 2024
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Price History

Source: VIC_DTPLI_Quarterly. Suburb-level medians — not individual sale prices.

🏫 Schools

Schools in suburb 6
Primary 5
Secondary 2
Schools in Glenroy
Belle Vue Park Primary School Primary · Government
Corpus Christi School Primary · Catholic
Glenroy Central Primary School Primary · Government
Glenroy West Primary School Primary · Government
Glenroy Private Combined · Independent
Glenroy Secondary College Secondary · Government
Glenroy Specialist School Other · Government
School locations from state education departments / ACARA. List reflects schools located within the suburb.

🔄 Compare & Explore

Glenroy's 3.3% gross rental yield is above the VIC median of 2.5%, across 753 VIC suburbs with public data.

Similar suburbs in VIC by price range, ranked by yield:

Mulgrave, VIC
6.3% yield
$577,500
Torquay, VIC
6.1% yield
$580,000
Torquay, VIC
6.1% yield
$580,000
Mulgrave, VIC
5.8% yield
$627,000
Torquay, VIC
5.7% yield
$620,000
Chelsea, VIC
5.6% yield
$577,500
Compare with nearby Open comparison →
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💰 Cashflow Snapshot

80% LVR · 6.2% interest · indicative only — not financial advice
Purchase price $825,000
Deposit (20%) $165,000
Loan (80% LVR) $660,000
Weekly rent $530/wk
Annual rent income $27,560/yr
Est. annual interest -$••,•••
Mgmt fees + costs -$•,•••
Est. net cashflow +/- $••,•••/yr
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❓ Frequently Asked Questions

Is Glenroy a good suburb to invest in?

Glenroy has a high renter proportion (58%) and a low vacancy rate, suggesting tight rental demand. Use this data as a research signal only. Always conduct property-level due diligence and seek independent professional advice before making any investment decision.

What is the median house price in Glenroy?

The median house price in Glenroy is approximately $825,000 based on 2025 public data.

What is the rental yield in Glenroy?

The indicative gross rental yield in Glenroy is 3.3%, based on a median weekly rent of $530 against a median price of $825,000. This is general data only — actual yields vary by property, condition and market timing.

How does Glenroy compare to other suburbs?

Use the suburb comparison tool to compare Glenroy against other Australian suburbs by price, yield, vacancy and renter demand.

Is Glenroy a safe suburb?

Glenroy shows above-average reported crime compared with other suburbs in VIC, based on 2024 state police data. The reported crime rate is about 57 incidents per 1,000 residents. Always check current local crime statistics before deciding.

What schools are in Glenroy?

Glenroy has 7 known schools, including Belle Vue Park Primary School, Corpus Christi School, Glenroy Central Primary School, Glenroy West Primary School. Catchments and enrolment policies change — confirm directly with each school.

Where does PropertyScoutAU get its suburb data?

PropertyScoutAU uses public and government datasets where available, including price, demographic and rental indicators. Coverage varies by suburb and some fields may be estimated or unavailable. See our data sources page for full details.

General information only. PropertyScoutAU provides suburb-level research data from government public sources. All figures are indicative medians and may not reflect current market conditions or individual property values. This is not financial, investment, legal or tax advice. Always verify independently and consult qualified professionals before making any property decision. About our data →