Attwood is a compact suburb in Victoria within the Hume local government area (postcode 3049). With a population of 3,309, the suburb has an established family demographic with a median age of 42. Households earn a median income of $115K per year, with an average household size of 2.9 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.0% 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 clerical & administrative, professionals, technicians & trades. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, Italian, English.
Attwood has a median house price of $930,000, which has eased back by 2.1% year-on-year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $2,000.
Public transport access includes 5 bus stops. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.9% (low yield). Property prices are near the state median ($930K/$875K). The price-to-income ratio of 8.1x is considered moderate. House prices have moved -2.1% year-on-year. Population growth of +3.0% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.