Avenel is a small community in Victoria within the Strathbogie local government area (postcode 3664). With a population of 1,112, the suburb has a mature demographic with a median age of 49. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Avenel is $548,000, having dipped slightly 1.8% over the past year. The current median weekly rent is $413. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,509.
Avenel is served by 1 school, including 1 primary. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 1 rail station. The crime rate in the Strathbogie LGA is moderate at 5,665 incidents per 100,000 population.
From an investment perspective, Avenel offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($548K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -1.8% year-on-year.
Avenel is a small community in Victoria within the Strathbogie local government area (postcode 3664). With a population of 1,112, the suburb has a mature demographic with a median age of 49. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are English, Australian, Irish.
The median house price in Avenel is $548,000, having dipped slightly 1.8% over the past year. The current median weekly rent is $413. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,509.
Avenel is served by 1 school, including 1 primary. The average ICSEA score is 1002, which is around the national average of 1,000. Public transport access includes 1 rail station. The crime rate in the Strathbogie LGA is moderate at 5,665 incidents per 100,000 population.
From an investment perspective, Avenel offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($548K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.4x is considered moderate. House prices have moved -1.8% year-on-year.