Why Glen Iris has become a Rental Hot Spot
Well serviced by public transport with two train stations as well as buses and trams, Glen Iris is bustling with cafes, shops and excellent schools.
Renowned for wide tree lined streets and charming period homes, Glen Iris is an established, family friendly neighbourhood located ten kilometres south east of the city. Neighbouring Malvern, Camberwell and Hawthorn, Glen Iris is officially Melbourne’s geographical population centre.
Well serviced by public transport with two train stations as well as buses and trams, Glen Iris is bustling with cafes, shops and excellent schools. In addition, the legendary Harold Holt Swim Centre is a public swimming pool complex located on the corner of High and Edgar streets. Constructed during the 1960’s, the centre is considered an important example of Brutalist architecture, reflecting the modern aesthetic of its time.
‘Glen Iris has everything, from public transport to great schools, shops, cafes and even the local pool,’ says Marshall White property manager Jacqui Houlihan.
Enticing many people to the area is the high number of quality government and independent schools, including Glen Iris Primary School, Camberwell South Primary School, St Cecilia’s Primary School, St Roch’s Catholic Primary School, Sacré Cœur School, Korowa Anglican Girls’ School and Caulfield Grammar School’s Malvern campus.
‘It is a very family oriented area, not a hot market for sharers or young professionals. There is also a high demographic of retirees and older couples. There are so many great schools that many families move to the area specifically to attend them,’ says Jacqui.
With a median rental price of $695 per week, Jacqui notes the suburb holds enduring appeal and homes in the area lease particularly well.
‘The rental market is consistently competitive in Glen Iris, where price is well aligned in the market,’ says Jacqui.
‘It’s very competitive over the November to February period as the local schools are a major drawcard to the area,’ adds Marshall White property manager Stephanie Lorenzini.
‘There is an overwhelming sense of community in Glen Iris where everyone seems to know each other. Because it is also a large suburb you have a real suburban feel in the area, yet it’s still very convenient,’
Hosting a wealth of recreational and sporting facilities as well as a number of reserves and ovals, including Hartwell Sports Ground, Ferndale Park, T.H. King Oval and the somewhat undiscovered Glen Iris wetlands, families flock to the verdant neighbourhood in droves.
Glen Iris also boasts particularly exquisite homes, with grand period residences, beautiful gardens, tennis courts and pools commonly found lining the wide leafy streets. Dorrington Avenue with its imposing properties and heritage architecture exemplifies all that is great about prestige Glen Iris.
An area never short on options for a Saturday brunch, both Jacqui and Stephanie name Glen Iris Pantry as their favourite local spot to grab a bite to eat, for its delicious coffee and seasonal menu. Once a milk bar, over the course of a couple of decades The Pantry, as it affectionately known to locals, has become a local institution with a family and community focus.
Both Jacqui and Stephanie agree it’s the community lifestyle that really sets Glen Iris apart.
‘There is an overwhelming sense of community in Glen Iris where everyone seems to know each other. Because it is also a large suburb you have a real suburban feel in the area, yet it’s still very convenient,’ says Stephanie.
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