Cockatoo (postcode 3781) is a compact suburb in Victoria within the Cardinia local government area. The area has roughly 4,408 residents and a blend of families and working-age professionals, with a median age of 36. Households earn a median income of $104K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, community & personal service. Employment in the area leans toward construction and healthcare. The top ancestries reported are Australian, English, Irish.
Cockatoo has a median house price of $705,000, which has moved lower by 4.4% year-on-year. The current median weekly rent is $560. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,742.
Cockatoo is served by 1 school, including 1 primary. The average ICSEA score is 1009, which is around the national average of 1,000. Public transport access includes 2 rail stations, 15 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Cockatoo shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices are near the state median ($705K/$875K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved -4.4% year-on-year. Population growth of +2.6% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.