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Glenbrook Suburb Insights
VICLocation Information
Suburb Name
Glenbrook, VIC
Distance from CBD
6.2 kmDemographics
Population
5,051
Median Income
$43,992
Area Information
Area
7 km²
Population Density
722 people/km²
Property Market
Median Price
$1,137,639
Annual Growth
+9.5%Property Price Trend Analysis
Current Median Price
$1,137,639
Annual Growth
+9.5%
Quarterly Growth
+1.9%
Price Trends - Last 6 Months
2024-01
$479,004
+7.4%2024-02
$690,094
+11%2024-03
$1,038,365
+5.2%2024-04
$908,181
+9.7%2024-05
$777,063
+17.6%2024-06
$872,951
+10.2%Property Type Price Analysis
House
Median Price
$1,102,844
Growth Rate
+7.1%Available Listings
468 properties
Apartment
Median Price
$697,539
Growth Rate
+9.5%Available Listings
205 properties
Townhouse
Median Price
$873,584
Growth Rate
+16.9%Available Listings
345 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy