Cockatoo is a smaller suburb in Victoria within the Cardinia local government area (postcode 3781). With a population of 4,408, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $104K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Cockatoo is $738,000, having declined 3% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.7%. 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 offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($738K/$875K). The price-to-income ratio of 7.1x is considered moderate. House prices have moved -3.0% year-on-year.
Cockatoo is a smaller suburb in Victoria within the Cardinia local government area (postcode 3781). With a population of 4,408, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $104K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Cockatoo is $738,000, having declined 3% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.7%. 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 offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($738K/$875K). The price-to-income ratio of 7.1x is considered moderate. House prices have moved -3.0% year-on-year.