Blairgowrie is a smaller suburb in Victoria within the Mornington Peninsula local government area (postcode 3942). With a population of 2,786, the suburb has an older demographic with a median age of 58. Households earn a median income of $77K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Blairgowrie is $1.5 million, having dropped significantly 9.7% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 35 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Blairgowrie offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 19.3x is considered stretched. House prices have moved -9.7% year-on-year.
Blairgowrie is a smaller suburb in Victoria within the Mornington Peninsula local government area (postcode 3942). With a population of 2,786, the suburb has an older demographic with a median age of 58. Households earn a median income of $77K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Blairgowrie is $1.5 million, having dropped significantly 9.7% over the past year. The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 1.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 35 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Blairgowrie offers a gross rental yield of 1.4%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 19.3x is considered stretched. House prices have moved -9.7% year-on-year.