Glen Iris bridges the inner-east prestige market and the more accessible Ashburton corridor. Houses deliver 2.3% gross yield — firmly in capital-growth territory — while units generate 3.9%, attracting investors seeking the inner-east suburb quality at a lower entry price than Hawthorn or Camberwell.
Glen Iris Rental Yield by Property Type
| Property Type | Median Price | Median Weekly Rent | Gross Yield | Net Yield (est.) |
|---|---|---|---|---|
| House (4BR) | $2.15M | $960/week | 2.3% | 1.6% |
| Townhouse (3BR) | $1.35M | $740/week | 2.9% | 2.1% |
| Unit (2BR) | $720k | $545/week | 3.9% | 3.0% |
| Apartment (1BR) | $495k | $420/week | 4.4% | 3.3% |
Investment Verdict
Glen Iris suits the capital growth investor with a long time horizon. If cash flow is your priority, the inner-north suburbs (Preston, Reservoir, Coburg) deliver significantly better yields at lower entry prices. Glen Iris makes sense for wealth preservation in a stable, owner-occupier-dominated market.
Access off-market investment properties in Glen Iris: collings.com.au/portal
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