Fingal is a small community in Victoria within the Mornington Peninsula local government area (postcode 3939). With a population of 637, the suburb has an older demographic with a median age of 56. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Fingal is $1.8 million, having dropped significantly 11.7% over the past year. The median weekly rent is $418 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,167.
The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Fingal offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($1.8M/$875K), placing it in the premium segment. The price-to-income ratio of 17.6x is considered stretched. House prices have moved -11.7% year-on-year.
Fingal is a small community in Victoria within the Mornington Peninsula local government area (postcode 3939). With a population of 637, the suburb has an older demographic with a median age of 56. Households earn a median income of $100K per year, with an average household size of 2.4 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Scottish.
The median house price in Fingal is $1.8 million, having dropped significantly 11.7% over the past year. The median weekly rent is $418 (Census 2021). This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $2,167.
The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Fingal offers a gross rental yield of 1.2%, rated as low yield. Property prices are above the state median ($1.8M/$875K), placing it in the premium segment. The price-to-income ratio of 17.6x is considered stretched. House prices have moved -11.7% year-on-year.