With a population of around 26,000 residents, Glen Iris is a family-friendly suburb characterized by a mix of age groups, with a significant number of individuals aged between 5 to 19 years and 45 to 64 years. The suburb offers good options for commuting, with a high percentage of residents working from home and using motor vehicles. Glen Iris has a high educational advantage for students attending government schools, as indicated by the ICSEA percentile of 98.5. The predominant occupations in the area include professionals, managers, and technicians/tradeworkers. For house investments, Glen Iris presents opportunities for capital growth, with a strong median growth rate over the past 10 years. The suburb has low vacancy rates indicating high demand for rental properties. Investors could potentially target renovators given the high saleprice IQR ratio. On the other hand, units in Glen Iris have a higher rental yield compared to houses, making them attractive for investors seeking rental income. Glen Iris, with its diverse demographics, good educational opportunities, and convenient commuting options, offers a desirable living environment for families and professionals alike. The suburb provides potential investment opportunities in both houses and units, with different strengths depending on the investment goals. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022