Clayton South is a well-established suburb in Victoria within the Kingston (Vic.) local government area (postcode 3169). With a population of 13,381, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $85K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are Chinese, Indian, Greek.
The median house price in Clayton South is $962,000, having risen modestly 1.2% over the past year. Units have a median price of $620,000 (+15.9% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,997.
Clayton South is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1033, which is around the national average of 1,000. Public transport access includes 2 rail stations, 67 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Clayton South offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($962K/$875K). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +1.2% year-on-year.
Clayton South is a well-established suburb in Victoria within the Kingston (Vic.) local government area (postcode 3169). With a population of 13,381, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $85K per year, with an average household size of 2.7 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are Chinese, Indian, Greek.
The median house price in Clayton South is $962,000, having risen modestly 1.2% over the past year. Units have a median price of $620,000 (+15.9% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,997.
Clayton South is served by 5 schools, including 4 primary, 1 secondary. The average ICSEA score is 1033, which is around the national average of 1,000. Public transport access includes 2 rail stations, 67 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Clayton South offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($962K/$875K). The price-to-income ratio of 11.3x is considered stretched. House prices have moved +1.2% year-on-year.