Halls Gap is a quiet locality in Victoria within the Northern Grampians local government area (postcode 3381). With a population of 495, the suburb has an established demographic with a median age of 44. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Halls Gap is $621,000, having surged 11.8% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,300.
Halls Gap is served by 1 school, including 1 primary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Northern Grampians LGA is higher than average at 13,475 incidents per 100,000 population.
From an investment perspective, Halls Gap offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($621K/$875K). The price-to-income ratio of 10.0x is considered moderate. House prices have moved +11.8% year-on-year.
Halls Gap is a quiet locality in Victoria within the Northern Grampians local government area (postcode 3381). With a population of 495, the suburb has an established demographic with a median age of 44. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Halls Gap is $621,000, having surged 11.8% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 2.7%. The median monthly mortgage repayment is $1,300.
Halls Gap is served by 1 school, including 1 primary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Northern Grampians LGA is higher than average at 13,475 incidents per 100,000 population.
From an investment perspective, Halls Gap offers a gross rental yield of 2.7%, rated as low yield. Property prices are near the state median ($621K/$875K). The price-to-income ratio of 10.0x is considered moderate. House prices have moved +11.8% year-on-year.