Epping is a large suburb in Victoria within the Whittlesea local government area (postcode 3076). With a population of 33,489, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $87K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Epping is $681,000, having risen modestly 1.9% over the past year. Units have a median price of $500,000 (+4.2% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Epping is served by 11 schools, including 6 primary, 4 secondary, 1 combined. The average ICSEA score is 1013, which is around the national average of 1,000. Public transport access includes 8 rail stations, 155 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Whittlesea LGA is moderate at 7,048 incidents per 100,000 population.
From an investment perspective, Epping offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($681K/$875K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +1.9% year-on-year.
Epping is a large suburb in Victoria within the Whittlesea local government area (postcode 3076). With a population of 33,489, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $87K per year, with an average household size of 2.9 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Italian.
The median house price in Epping is $681,000, having risen modestly 1.9% over the past year. Units have a median price of $500,000 (+4.2% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 3.8%. The median monthly mortgage repayment is $1,733.
Epping is served by 11 schools, including 6 primary, 4 secondary, 1 combined. The average ICSEA score is 1013, which is around the national average of 1,000. Public transport access includes 8 rail stations, 155 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Whittlesea LGA is moderate at 7,048 incidents per 100,000 population.
From an investment perspective, Epping offers a gross rental yield of 3.8%, rated as moderate yield. Property prices are near the state median ($681K/$875K). The price-to-income ratio of 7.8x is considered moderate. House prices have moved +1.9% year-on-year.