glen huntly

3163, Victoria

Real Estate & Property Information

Median
Price Rank
65

glen huntly Suburb Profile & Review

Glen Huntly is a small, conveniently located suburb in Melbourne's south-east. It is approximately half an hour away from the city centre.

Residents have easy access to trams, which run along route 67 from Carnegie to the University of Melbourne, and trains, which stop at Glenhuntly Station on the Frankston line. The Glen Huntly Village Shopping Centre is a modest but long established shopping strip containing takeaway shops, hair and beauty salons, retail stores and a Safeway supermarket. In recent years it has been overshadowed by the impressively largeChadstone Shopping Centre, which is less than ten minutes away.

The suburb is home to Glen Huntly Primary School and St Anthony's Catholic Primary School. Glen Huntly Park, though technically in Caulfield East, caters to local kids looking for space to kickthe footy around. Families with young children can also run wild on the playground.

glen huntly Demographic Data

$ 830,000 Median House Price

21 Minutes Average Commute

31 Median Age

4,658 Population

48.99 % Female

51.01 % Male

1092 NO OF FAMILIES

1.5 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in glen huntly, Victoria.

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glen huntly Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

glen huntly Median House Prices

  • 2008 $ 850,000
  • 2009 $ 735,500
  • 2010 $ 840,500
  • 2011 $ 875,000
  • 2012 $ 830,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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glen huntly 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in glen huntly have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term glen huntly property price predictions.

glen huntly Market Property Types

  • 19 % Seperate House
  • 23 % Semi Detached
  • 57 % Flat or Unit
  • 1 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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glen huntly Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

glen huntly Income & Mortgage Stats

  • $ 1,192 Median Weekly Household Income
  • $ 1,800 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in glen huntly

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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glen huntly Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

glen huntly Sold Property Prices

glen huntly Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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glen huntly Restaurants

  • SpiceNice Chaat and Curry Cube1212 Glen Huntly Rd glen huntly VIC 316303 9939 8287
  • Qiang Ji Bbq Chinese Restaurant1161 Glen Huntly Rd glen huntly VIC 316303 9077 2881
  • Nagoya Japanese Restaurant1107 Glen Huntly Rd glen huntly VIC 316303 9572 1895

glen huntly Cafes

  • Big Bear Cafe1167 Glenhuntly Roadglen huntly VIC 316304 1956 1412
  • Cii Cafe Bar109 Grange Roadglen huntly VIC 316303 9670 7122
  • Club Cafe1118 Glen Huntly Rdglen huntly VIC 316303 9572 1055

glen huntly Schools

  • St. Anthonys Primary School172 Neerim Rdglen huntly VIC 3163(03) 9563 6780Catholic Primary School
  • Glen Huntly Primary SchoolGrange Roadglen huntly VIC 3163(03) 9571 2931State Primary School
  • University of the Third AgePO Box 286glen huntly VIC 3163(03) 9572 057University

glen huntly Childcare

  • ABC Learning Centre112A Booran Rdglen huntly VIC 3163
  • Roseberry House ELC2A-4 Roseberry Gvglen huntly VIC 3163

glen huntly Sporting Centres and Clubs

  • Glen Huntly Tennis Clubglen huntly VIC 3163Tennis Club & Courts

Find out How Much your House is Worth in glen huntly

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