Gembrook is a smaller suburb in Victoria within the Cardinia local government area (postcode 3783). With a population of 2,559, the suburb has an established demographic with a median age of 41. Households earn a median income of $104K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Gembrook is $890,000, having increased 4.4% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,907.
Gembrook is served by 1 school, including 1 primary. The average ICSEA score is 1030, which is around the national average of 1,000. Public transport access includes 4 rail stations, 13 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Gembrook offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($890K/$875K). The price-to-income ratio of 8.5x is considered moderate. House prices have moved +4.4% year-on-year.
Gembrook is a smaller suburb in Victoria within the Cardinia local government area (postcode 3783). With a population of 2,559, the suburb has an established demographic with a median age of 41. Households earn a median income of $104K per year, with an average household size of 2.8 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in Gembrook is $890,000, having increased 4.4% over the past year. The current median weekly rent is $520. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,907.
Gembrook is served by 1 school, including 1 primary. The average ICSEA score is 1030, which is around the national average of 1,000. Public transport access includes 4 rail stations, 13 bus stops. The crime rate in the Cardinia LGA is moderate at 7,195 incidents per 100,000 population.
From an investment perspective, Gembrook offers a gross rental yield of 3.0%, rated as moderate yield. Property prices are near the state median ($890K/$875K). The price-to-income ratio of 8.5x is considered moderate. House prices have moved +4.4% year-on-year.