Situated only 13km from Melbourne’s CBD, Glenroy is a vibrant and cohesive multicultural community. Neighbouring some of Melbourne’s fastest value adding property suburbs and with it’s own host of enticing attributes, Glenroy is not only a great place to live but also a smart investment for the future.
Glenroy is located in the northwest of the City of Moreland and has a population of 20,000 including people from all over the world; India, Italy, Turkey, Lebanon, United Kingdom, China, Sri Lanka, Pakistan, Malta, and Greece.
There are 11 schools to choose from in Glenroy, including a specialist school for children with disabilities. Glenroy hosts a major retail district spreading from the Glenroy railway station, where you can find a delicious range of international cuisine as well as shop for all the major brands. Glenroy has a great a bowls club, however the jewel of area is the Northern Golf Club, one of Melbourne’s finest courses.
A.E Gibson & Co was the first business to open in Glenroy and is Australia’s oldest family owned business, established 1882. As a result A.E Gibson & Co has played a big part in Glenroy’s History and has been a driving force behind many of the developments in our community, some of which include:
- AEG donated the land and then built the first scout hall.
- AEG was the driving force behind the first tennis club by advancing the funds for the construction of the first court.
- AEG was proudly responsible for the children’s playground on Murrell Street.
- AEG provided Glenroy with the recreation reserve on Glenroy road.
Real estate in Glenroy
Glenroy has seen steady growth in property value over the last 8 years with the medium house price growing from $281,000 to $507,000.
Medium Price Snap-Shot August 2015
House
Medium purchase price $507,000
Medium rental Price $340 PW
Unit
Medium purchase price $380,000
Medium Rental Price Aug 2015 $335 PW