Question 1

Is Glen Huntly a nice place to live?

Accepted Answer

Glen Huntly sits in Melbourne’s inner south east as a compact, walkable suburb centred on Glen Huntly Road and the Glen Huntly railway station. Its streets mix single-fronted period cottages and brick villas with low-rise apartment blocks nearer the main road, giving a suburban yet urban edge. The shopping strip has an everyday feel with cafés, European-style bakeries, grocers and small specialty stores, and nearby parks and the bayside suburbs provide outdoor options. That combination appeals to students, young professionals and families who value easy public transport, local shops and a steady, village-like streetscape.

The suburb is home to 4,905 people, with a median age of 35 and a median household income of $1,877 a week (about $97,600 a year). Households are family-heavy and homes are mostly owner-occupied (53.4%) while 46.5% are rented. Rail works rebuilt Glen Huntly station in a rail trench and created a station forecourt, landscaping and a pocket park, and council plans propose further walking and cycling improvements linking nearby stations and the Frankston Rail Trail. Whether Glen Huntly suits you depends on the mix of transport, local shops and housing you want.

Question 2

Is it expensive to live in Glen Huntly?

Accepted Answer

For someone weighing up renting or buying in Glen Huntly, the numbers show how costs sit against local incomes at the last Census. A unit priced at $540,000 works out to about 5.5 times a typical local annual household income at the last Census, which sits somewhat above what people there earned then. On the rental side, a house rent of $825 a week would take roughly 44% of a typical local household's weekly income at the last Census, a large share, while a unit rent of $530 a week would take about 28% of that income, a moderate share.

If you are renting rather than buying, those rent shares are the figure that matters; if you are looking to buy a unit, the price multiple is the relevant measure. Whether these levels feel expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Glen Huntly a good place to invest?

Accepted Answer

Over the past 12 months Glen Huntly has recorded different movements for houses and units. House values rose 4.2%, a modest increase, while house rents rose 3.8%, a modest increase as well. By contrast unit values fell 5.1%, a solid decline, while unit rents climbed 6.4%, a solid rise.

For someone weighing Glen Huntly as an investment, the value figures relate to capital growth and the rent figures relate to rental income. Houses showed modest capital growth with modest rent growth, whereas units saw a fall in value while unit rents were the stronger performer. Which pattern matters to you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	$540K
Change in value Past 12 months	4.2%	-5.1%
Sold Past 3 months	8	39
Median days on market Past 12 months	N/A	34
Average rent Past 12 months	$825	$530
Change in rent Past 12 months	3.8%	6.4%

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