The median house price in Glen Iris is approximately $2.45M in 2026. The median unit price is $795,000. Glen Iris is one of Melbourne’s premier family suburbs, where elite school zones and large period homes drive premium pricing.
Glen Iris Median Price History
| Year | Median House Price | Median Unit Price | Annual Change |
|---|---|---|---|
| 2021 | $2.0M | $680,000 | +10.5% |
| 2022 | $2.12M | $715,000 | +6.0% |
| 2023 | $2.22M | $745,000 | +4.7% |
| 2024 | $2.34M | $768,000 | +5.4% |
| 2025 | $2.45M | $795,000 | +4.8% |
What Drives Glen Iris Property Prices?
Elite school zones (Camberwell Grammar, Sacre Coeur, Korowa Anglican Girls catchments), large allotments, heritage streetscapes and proximity to the Monash Freeway and Gardiner station drive Glen Iris pricing. School zone premium adds an estimated $300,000 to $500,000 for properties in top catchments.
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Frequently Asked Questions
What is the median house price in Glen Iris in 2026?
The median house price in Glen Iris is approximately $2.45M in 2026.
What is the school zone premium in Glen Iris?
Properties in elite school catchments (Camberwell Grammar, Korowa) command an estimated $300,000 to $500,000 premium over comparable properties outside those zones.
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