Daylesford (postcode 3460) is a compact suburb in Victoria within the Hepburn local government area. The area has roughly 2,781 residents and a more retirement-aged population, with a median age of 55. Households earn a median income of $62K per year, with an average household size of 1.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% 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 professionals, managers, technicians & trades. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Australian, Irish.
Daylesford has a median house price of $848,000, which has fallen by 5.7% year-on-year. Units have a median price of $613,000 (+4.7% YoY). The current median weekly rent is $473. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,532.
Daylesford is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 1035, which is around the national average of 1,000. Public transport access includes 5 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Hepburn LGA is moderate at 4,750 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.9% (low yield). Property prices are near the state median ($848K/$875K). The price-to-income ratio of 13.8x is considered stretched. House prices have moved -5.7% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.