Flinders is a small community in Victoria within the Mornington Peninsula local government area (postcode 3929). With a population of 1,130, the suburb has an older demographic with a median age of 63. Households earn a median income of $109K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Flinders is $2.5 million, having dropped significantly 10.7% over the past year. The median weekly rent is $451 (Census 2021). This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,500.
Public transport access includes 5 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Flinders offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.5M/$875K), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved -10.7% year-on-year.
Flinders is a small community in Victoria within the Mornington Peninsula local government area (postcode 3929). With a population of 1,130, the suburb has an older demographic with a median age of 63. Households earn a median income of $109K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Flinders is $2.5 million, having dropped significantly 10.7% over the past year. The median weekly rent is $451 (Census 2021). This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $2,500.
Public transport access includes 5 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Flinders offers a gross rental yield of 0.9%, rated as low yield. Property prices are above the state median ($2.5M/$875K), placing it in the premium segment. The price-to-income ratio of 22.9x is considered stretched. House prices have moved -10.7% year-on-year.