Craigieburn is a major suburb in Victoria within the Hume local government area (postcode 3064). With a population of 65,178, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $93K per year, with an average household size of 3.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Indian.
The median house price in Craigieburn is $660,000, having risen modestly 1.5% over the past year. Units have a median price of $441,000 (+2.4% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,850.
Craigieburn is served by 13 schools, including 9 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 8 rail stations, 193 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Craigieburn offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($660K/$875K). The price-to-income ratio of 7.1x is considered moderate. House prices have moved +1.5% year-on-year.
Craigieburn is a major suburb in Victoria within the Hume local government area (postcode 3064). With a population of 65,178, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $93K per year, with an average household size of 3.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Indian.
The median house price in Craigieburn is $660,000, having risen modestly 1.5% over the past year. Units have a median price of $441,000 (+2.4% YoY). The current median weekly rent is $460. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,850.
Craigieburn is served by 13 schools, including 9 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 986, which is around the national average of 1,000. Public transport access includes 8 rail stations, 193 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Hume LGA is higher than average at 8,365 incidents per 100,000 population.
From an investment perspective, Craigieburn offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($660K/$875K). The price-to-income ratio of 7.1x is considered moderate. House prices have moved +1.5% year-on-year.