Belgrave Heights is a small community in Victoria within the Yarra Ranges local government area (postcode 3160). With a population of 1,398, the suburb has an established demographic with a median age of 40. Households earn a median income of $111K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Belgrave Heights is $1.0 million, having dipped slightly 2.9% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,900.
Belgrave Heights is served by 1 school, including 1 combined. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Belgrave Heights offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -2.9% year-on-year.
Belgrave Heights is a small community in Victoria within the Yarra Ranges local government area (postcode 3160). With a population of 1,398, the suburb has an established demographic with a median age of 40. Households earn a median income of $111K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Belgrave Heights is $1.0 million, having dipped slightly 2.9% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,900.
Belgrave Heights is served by 1 school, including 1 combined. The average ICSEA score is 1078, which is above the national average of 1,000. Public transport access includes 5 bus stops. The crime rate in the Yarra Ranges LGA is moderate at 5,164 incidents per 100,000 population.
From an investment perspective, Belgrave Heights offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($1.0M/$875K). The price-to-income ratio of 9.2x is considered moderate. House prices have moved -2.9% year-on-year.