Located in Victoria within the Cardinia local government area, Avonsleigh is a small community (postcode 3782). It is home to about 844 residents, with an established demographic and a median age of 40. Households earn a median income of $107K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% 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, technicians & trades, managers. Employment in the area leans toward construction and education. The top ancestries reported are English, Australian, Scottish.
Median house prices in Avonsleigh stand at $725,000, having declined steeply by 13.4% over the last twelve months. The current median weekly rent is $560. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,859.
Public transport access includes 2 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 4.0% (moderate yield). Property prices are near the state median ($725K/$875K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved -13.4% year-on-year. Population growth of +2.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.