Echuca is a well-established suburb in Victoria within the Campaspe local government area (postcode 3564). With a population of 15,056, the suburb has a mature demographic with a median age of 45. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Echuca is $560,000, having declined 3.4% over the past year. Units have a median price of $455,000 (+22.6% YoY). The current median weekly rent is $430. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,468.
Echuca is served by 7 schools, including 4 primary, 2 secondary, 1 special. The average ICSEA score is 957, which is around the national average of 1,000. Public transport access includes 2 rail stations, 73 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Campaspe LGA is higher than average at 10,244 incidents per 100,000 population.
From an investment perspective, Echuca offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($560K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -3.4% year-on-year.
Echuca is a well-established suburb in Victoria within the Campaspe local government area (postcode 3564). With a population of 15,056, the suburb has a mature demographic with a median age of 45. Households earn a median income of $69K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Echuca is $560,000, having declined 3.4% over the past year. Units have a median price of $455,000 (+22.6% YoY). The current median weekly rent is $430. This gives a gross rental yield of approximately 4.0%. The median monthly mortgage repayment is $1,468.
Echuca is served by 7 schools, including 4 primary, 2 secondary, 1 special. The average ICSEA score is 957, which is around the national average of 1,000. Public transport access includes 2 rail stations, 73 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Campaspe LGA is higher than average at 10,244 incidents per 100,000 population.
From an investment perspective, Echuca offers a gross rental yield of 4.0%, rated as moderate yield. Property prices sit below the state median ($560K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -3.4% year-on-year.