Located in Victoria within the Wyndham local government area, Hoppers Crossing is a well-populated suburb (postcode 3029). The area has roughly 37,216 residents and a blend of families and working-age professionals, with a median age of 37. Households earn a median income of $82K per year, with an average household size of 2.8 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.7% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Indian.
Hoppers Crossing has a median house price of $620,000, which has edged higher by 0.8% year-on-year. Units have a median price of $445,000 (-1.1% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,600.
Hoppers Crossing is served by 10 schools, including 6 primary, 1 secondary, 2 combined, 1 special. The average ICSEA score is 993, which is around the national average of 1,000. Public transport access includes 6 rail stations, 170 bus stops. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
On the investment side, Hoppers Crossing shows a gross rental yield of approximately 4.1%, rated as moderate yield. Property prices are near the state median ($620K/$875K). The price-to-income ratio of 7.5x is considered moderate. House prices have moved +0.8% year-on-year. Population growth of +3.7% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.