Churchill is a smaller suburb in Victoria within the Latrobe (Vic.) local government area (postcode 3842). With a population of 4,924, the suburb has an established demographic with a median age of 38. Households earn a median income of $58K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Churchill is $355,000, having increased 2.9% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $997.
Churchill is served by 3 schools, including 3 primary. The average ICSEA score is 953, which is around the national average of 1,000. Public transport access includes 2 tram stops, 27 bus stops. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
From an investment perspective, Churchill offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($355K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +2.9% year-on-year.
Churchill is a smaller suburb in Victoria within the Latrobe (Vic.) local government area (postcode 3842). With a population of 4,924, the suburb has an established demographic with a median age of 38. Households earn a median income of $58K per year, with an average household size of 2.3 people. The most common occupations are community & personal service, technicians & trades, professionals. The top ancestries reported are Australian, English, Scottish.
The median house price in Churchill is $355,000, having increased 2.9% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 5.5%. The median monthly mortgage repayment is $997.
Churchill is served by 3 schools, including 3 primary. The average ICSEA score is 953, which is around the national average of 1,000. Public transport access includes 2 tram stops, 27 bus stops. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.
From an investment perspective, Churchill offers a gross rental yield of 5.5%, rated as high yield. Property prices sit below the state median ($355K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.2x is considered moderate. House prices have moved +2.9% year-on-year.