Hadfield is a mid-sized suburb in Victoria within the Moreland local government area (postcode 3046). With a population of 6,269, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, Italian, English.
The median house price in Hadfield is $851,000, having risen modestly 0.1% over the past year. Units have a median price of $612,000 (-0.6% YoY). The median weekly rent is $370 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,000.
Hadfield is served by 1 school, including 1 primary. The average ICSEA score is 1074, which is above the national average of 1,000. Public transport access includes 3 rail stations, 33 bus stops.
From an investment perspective, Hadfield offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($851K/$875K). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +0.1% year-on-year.
Hadfield is a mid-sized suburb in Victoria within the Moreland local government area (postcode 3046). With a population of 6,269, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, Italian, English.
The median house price in Hadfield is $851,000, having risen modestly 0.1% over the past year. Units have a median price of $612,000 (-0.6% YoY). The median weekly rent is $370 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,000.
Hadfield is served by 1 school, including 1 primary. The average ICSEA score is 1074, which is above the national average of 1,000. Public transport access includes 3 rail stations, 33 bus stops.
From an investment perspective, Hadfield offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($851K/$875K). The price-to-income ratio of 10.7x is considered stretched. House prices have moved +0.1% year-on-year.