Clunes is a small community in Victoria within the Hepburn local government area (postcode 3370). With a population of 1,844, the suburb has a mature demographic with a median age of 51. Households earn a median income of $54K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Clunes is $500,000, having dipped slightly 2% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,127.
Clunes is served by 1 school, including 1 primary. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 2 rail stations, 4 bus stops. The crime rate in the Hepburn LGA is moderate at 4,750 incidents per 100,000 population.
From an investment perspective, Clunes offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($500K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved -2.0% year-on-year.
Clunes is a small community in Victoria within the Hepburn local government area (postcode 3370). With a population of 1,844, the suburb has a mature demographic with a median age of 51. Households earn a median income of $54K per year, with an average household size of 2.2 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Irish.
The median house price in Clunes is $500,000, having dipped slightly 2% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $1,127.
Clunes is served by 1 school, including 1 primary. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 2 rail stations, 4 bus stops. The crime rate in the Hepburn LGA is moderate at 4,750 incidents per 100,000 population.
From an investment perspective, Clunes offers a gross rental yield of 4.3%, rated as moderate yield. Property prices sit below the state median ($500K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 9.3x is considered moderate. House prices have moved -2.0% year-on-year.