Hepburn is a small community in Victoria within the Hepburn local government area (postcode 3461). With a population of 631, the suburb has a mature demographic with a median age of 52. Households earn a median income of $65K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Hepburn is $718,000, having dipped slightly 2.7% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,426.
Hepburn is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Hepburn LGA is moderate at 4,750 incidents per 100,000 population.
From an investment perspective, Hepburn offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($718K/$875K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved -2.7% year-on-year.
Hepburn is a small community in Victoria within the Hepburn local government area (postcode 3461). With a population of 631, the suburb has a mature demographic with a median age of 52. Households earn a median income of $65K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Hepburn is $718,000, having dipped slightly 2.7% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,426.
Hepburn is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 7 bus stops. The crime rate in the Hepburn LGA is moderate at 4,750 incidents per 100,000 population.
From an investment perspective, Hepburn offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($718K/$875K). The price-to-income ratio of 11.0x is considered stretched. House prices have moved -2.7% year-on-year.