Aintree is a moderately sized suburb in Victoria within the Melton local government area (postcode 3336). The area has roughly 7,982 residents and a younger, working-age population, with a median age of 30. Households earn a median income of $122K per year, with an average household size of 3.6 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +5.8% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, machinery operators & drivers, community & personal service. Employment in the area leans toward healthcare and transport & logistics. The top ancestries reported are Indian, Australian, English.
Median house prices in Aintree stand at $736,000, having risen modestly by 0.8% over the last twelve months. The current median weekly rent is $480. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,167.
Aintree is served by 3 schools, including 1 primary, 1 secondary, 1 special. The average ICSEA score is 1035, which is around the national average of 1,000. Public transport access includes 20 bus stops. The crime rate in the Melton LGA is moderate at 7,219 incidents per 100,000 population.
From an investment perspective, Aintree shows a gross rental yield of approximately 3.4%, rated as moderate yield. Property prices are near the state median ($736K/$875K). The price-to-income ratio of 6.0x is considered moderate. House prices have moved +0.8% year-on-year. Population growth of +5.8% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.