Aireys Inlet is a small locality in Victoria within the Surf Coast local government area (postcode 3231). It is home to about 979 residents, with an older demographic and a median age of 57. Households earn a median income of $85K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% 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, managers, technicians & trades. Employment in the area leans toward accommodation & food and professional services. The top ancestries reported are English, Australian, Irish.
Median house prices in Aireys Inlet stand at $1.6 million, having eased back by 2% over the last twelve months. The current median weekly rent is $580. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,171.
Aireys Inlet is served by 1 school, including 1 primary. The average ICSEA score is 1112, which is well above the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Surf Coast LGA is below average at 3,149 incidents per 100,000 population.
From an investment perspective, Aireys Inlet shows a gross rental yield of approximately 1.9%, rated as low yield. Property prices are above the state median ($1.6M/$875K), placing it in the premium segment. The price-to-income ratio of 18.8x is considered stretched. House prices have moved -2.0% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.