Gunbower is a small community in Victoria within the Campaspe local government area (postcode 3566). With a population of 578, the suburb has a mature demographic with a median age of 48. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Gunbower is $278,000, having surged 113.8% over the past year. The current median weekly rent is $414. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $1,000.
Gunbower is served by 1 school, including 1 primary. The average ICSEA score is 921, which is below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Campaspe LGA is higher than average at 10,244 incidents per 100,000 population.
From an investment perspective, Gunbower offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($278K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +113.8% year-on-year.
Gunbower is a small community in Victoria within the Campaspe local government area (postcode 3566). With a population of 578, the suburb has a mature demographic with a median age of 48. Households earn a median income of $55K per year, with an average household size of 2.3 people. The most common occupations are managers, labourers, technicians & trades. The top ancestries reported are Australian, English, Scottish.
The median house price in Gunbower is $278,000, having surged 113.8% over the past year. The current median weekly rent is $414. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $1,000.
Gunbower is served by 1 school, including 1 primary. The average ICSEA score is 921, which is below the national average of 1,000. Public transport access includes 4 bus stops. The crime rate in the Campaspe LGA is higher than average at 10,244 incidents per 100,000 population.
From an investment perspective, Gunbower offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($278K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.0x is considered affordable. House prices have moved +113.8% year-on-year.