Ardeer is a smaller suburb in Victoria within the Brimbank local government area (postcode 3022). With a population of 3,170, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $76K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Vietnamese.
The median house price in Ardeer is $680,000, having grown strongly 8.2% over the past year. Units have a median price of $588,000 (+1.9% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,700.
Ardeer is served by 2 schools, including 2 primary. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Brimbank LGA is higher than average at 9,438 incidents per 100,000 population.
From an investment perspective, Ardeer offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($680K/$875K). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +8.2% year-on-year.
Ardeer is a smaller suburb in Victoria within the Brimbank local government area (postcode 3022). With a population of 3,170, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $76K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Vietnamese.
The median house price in Ardeer is $680,000, having grown strongly 8.2% over the past year. Units have a median price of $588,000 (+1.9% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,700.
Ardeer is served by 2 schools, including 2 primary. The average ICSEA score is 990, which is around the national average of 1,000. Public transport access includes 1 rail station, 12 bus stops. The crime rate in the Brimbank LGA is higher than average at 9,438 incidents per 100,000 population.
From an investment perspective, Ardeer offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($680K/$875K). The price-to-income ratio of 9.0x is considered moderate. House prices have moved +8.2% year-on-year.