Delahey is a mid-sized suburb in Victoria within the Brimbank local government area (postcode 3037). With a population of 8,077, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.8 people. The most common occupations are clerical & administrative, machinery operators & drivers, labourers. The top ancestries reported are Australian, Vietnamese, English.
The median house price in Delahey is $643,000, having risen modestly 0.5% over the past year. Units have a median price of $465,000 (-2.1% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,517.
Delahey is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Brimbank LGA is higher than average at 9,438 incidents per 100,000 population.
From an investment perspective, Delahey offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($643K/$875K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +0.5% year-on-year.
Delahey is a mid-sized suburb in Victoria within the Brimbank local government area (postcode 3037). With a population of 8,077, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.8 people. The most common occupations are clerical & administrative, machinery operators & drivers, labourers. The top ancestries reported are Australian, Vietnamese, English.
The median house price in Delahey is $643,000, having risen modestly 0.5% over the past year. Units have a median price of $465,000 (-2.1% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.6%. The median monthly mortgage repayment is $1,517.
Delahey is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Brimbank LGA is higher than average at 9,438 incidents per 100,000 population.
From an investment perspective, Delahey offers a gross rental yield of 3.6%, rated as moderate yield. Property prices are near the state median ($643K/$875K). The price-to-income ratio of 8.3x is considered moderate. House prices have moved +0.5% year-on-year.