Hoppers Crossing is a large suburb in Victoria within the Wyndham local government area (postcode 3029). With a population of 37,216, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $82K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Indian.
The median house price in Hoppers Crossing is $620,000, having risen modestly 0.8% over the past year. Units have a median price of $450,000. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%. 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.
From an investment perspective, Hoppers Crossing offers a gross rental yield of 4.0%, 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.
Hoppers Crossing is a large suburb in Victoria within the Wyndham local government area (postcode 3029). With a population of 37,216, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $82K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are English, Australian, Indian.
The median house price in Hoppers Crossing is $620,000, having risen modestly 0.8% over the past year. Units have a median price of $450,000. The current median weekly rent is $480. This gives a gross rental yield of approximately 4.0%. 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.
From an investment perspective, Hoppers Crossing offers a gross rental yield of 4.0%, 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.