Flowerdale is a small community in Victoria within the Murrindindi local government area (postcode 3717). With a population of 790, the suburb has a mature demographic with a median age of 48. Households earn a median income of $64K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Flowerdale is $635,000, having grown strongly 6.7% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,300.
Flowerdale is served by 1 school, including 1 primary. The average ICSEA score is 933, which is below the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Flowerdale offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($635K/$875K). The price-to-income ratio of 10.0x is considered moderate. House prices have moved +6.7% year-on-year.
Flowerdale is a small community in Victoria within the Murrindindi local government area (postcode 3717). With a population of 790, the suburb has a mature demographic with a median age of 48. Households earn a median income of $64K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Flowerdale is $635,000, having grown strongly 6.7% over the past year. The current median weekly rent is $385. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,300.
Flowerdale is served by 1 school, including 1 primary. The average ICSEA score is 933, which is below the national average of 1,000. Public transport access includes 6 bus stops. The crime rate in the Murrindindi LGA is moderate at 5,639 incidents per 100,000 population.
From an investment perspective, Flowerdale offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($635K/$875K). The price-to-income ratio of 10.0x is considered moderate. House prices have moved +6.7% year-on-year.