Hepburn Springs is a quiet locality in Victoria within the Hepburn local government area (postcode 3461). With a population of 368, the suburb has an older demographic with a median age of 58. Households earn a median income of $64K per year, with an average household size of 1.8 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Hepburn Springs is $963,000, having surged 23.5% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,387.
Public transport access includes 8 bus stops. The crime rate in the Hepburn LGA is moderate at 4,750 incidents per 100,000 population.
From an investment perspective, Hepburn Springs offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($963K/$875K). The price-to-income ratio of 15.0x is considered stretched. House prices have moved +23.5% year-on-year.
Hepburn Springs is a quiet locality in Victoria within the Hepburn local government area (postcode 3461). With a population of 368, the suburb has an older demographic with a median age of 58. Households earn a median income of $64K per year, with an average household size of 1.8 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Hepburn Springs is $963,000, having surged 23.5% over the past year. The current median weekly rent is $410. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,387.
Public transport access includes 8 bus stops. The crime rate in the Hepburn LGA is moderate at 4,750 incidents per 100,000 population.
From an investment perspective, Hepburn Springs offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($963K/$875K). The price-to-income ratio of 15.0x is considered stretched. House prices have moved +23.5% year-on-year.