3/241 Burke Rd · Glen Iris VIC 3146

Glen Iris suburb intelligence · all Melbourne suburbs

Glen Iris suburb ← Back to board

The Property Brief — what the evidence shows. You draw the conclusion.

CONSERVATIVE
$1.03M
the calibrated floor
LIKELY FAIR RANGE
$1.03M–$1.28M
around $1.16M mid
STRETCH CAP
$1.28M
$1.35M on the wider 80% band

Confidence: Low — based on 68 comparable auction sales (4 of this exact configuration) · model runs ±11% for this configuration · confidence held at Low — under 20 same-configuration sales · the model's typical miss is ~11% against published results — every hit and miss

Comparable auction sales

AddressConfigSoldWhen
1/13 Alfred Rd3 bd · 2 ba$1.6MAug 2024
Where every number comes from
  • Fair value: AI PropertyEye price model 2026-08-11-v5 — trained on 146,492 published auction sales; configuration-level (suburb × type × beds), not an appraisal of this exact home
  • Comps: published Domain auction results for Glen Iris — suburb × configuration matches, not hyper-matched to this address

Growth trend — Glen Iris units at auction

Too few same-bed sales for a measured growth rate yet. Recent quarterly sold medians (all unit sizes — thin samples move these):

2023Q2 $862k (8) · 2023Q4 $546k (4) · 2024Q2 $758k (7) · 2024Q3 $760k (6)

Suburb-level, from published auction results. No single building has enough sales for a block-level series, so this is the honest grain; sales-mix shifts move raw medians, and the measured rate (when shown) controls for bed count.

Published auction results at this address

Auction weekResultPriceAgency
8 Aug 2026Passed inwithheldBurne Property

From Domain's published weekly auction results — individual outcomes as published; withheld prices stay withheld.

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Data from published auction results (Domain) and live portal listings. Estimates are never valuations or financial advice. Own this home and want a result corrected? hello@aipropertyeye.com.