Aspendale Gardens is a mid-sized suburb in Victoria within the Kingston (Vic.) local government area (postcode 3195). With a population of 6,427, the suburb has an established demographic with a median age of 43. Households earn a median income of $115K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Aspendale Gardens is $1.2 million, having grown strongly 8.4% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,000.
Aspendale Gardens is served by 1 school, including 1 primary. The average ICSEA score is 1095, which is above the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Aspendale Gardens offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.2M/$875K), placing it in the premium segment. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +8.4% year-on-year.
Aspendale Gardens is a mid-sized suburb in Victoria within the Kingston (Vic.) local government area (postcode 3195). With a population of 6,427, the suburb has an established demographic with a median age of 43. Households earn a median income of $115K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Aspendale Gardens is $1.2 million, having grown strongly 8.4% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,000.
Aspendale Gardens is served by 1 school, including 1 primary. The average ICSEA score is 1095, which is above the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Aspendale Gardens offers a gross rental yield of 2.4%, rated as low yield. Property prices are above the state median ($1.2M/$875K), placing it in the premium segment. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +8.4% year-on-year.