Glen Iris
The median rent for a 2-bedroom unit in Glen Iris is $600 a week for leases that started in the year to September 2025, up 5.6% on a year earlier. That is 9% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $2,120,000 for a house and $721,000 for a unit. A year of rent for that home is about 4.8% of its median sale price (gross rental yield). The rent data covers Camberwell-Glen Iris as one area, so these rent figures are shared by Camberwell, Glen Iris.
Median rent in Glen Iris
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $440 | 0.0% | 207 |
| 2-bedroom unit | $600 | +5.6% | 539 |
| 3-bedroom unit | $815 | +2.5% | 175 |
| 2-bedroom house | $660 | +8.2% | 60 |
| 3-bedroom house | $838 | +2.8% | 158 |
| 4-bedroom house | $1,195 | +8.6% | 151 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $2,120,000 | Mar 2026 quarter |
| Unit | $721,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Brunswick $600 a week
- Carlton North $600 a week
- Elsternwick $600 a week
- Hawthorn $600 a week
- Ivanhoe $600 a week
- Ivanhoe East $600 a week