Hughesdale is a mid-sized suburb in Victoria within the Monash local government area (postcode 3166). With a population of 7,563, the suburb has an established demographic with a median age of 38. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Greek.
The median house price in Hughesdale is $1.4 million, having dipped slightly 0.1% over the past year. Units have a median price of $726,000 (-8.7% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Hughesdale is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 1 rail station, 32 bus stops. The crime rate in the Monash LGA is moderate at 7,127 incidents per 100,000 population.
From an investment perspective, Hughesdale offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.4M/$875K), placing it in the premium segment. The price-to-income ratio of 13.3x is considered stretched. House prices have moved -0.1% year-on-year.
Hughesdale is a mid-sized suburb in Victoria within the Monash local government area (postcode 3166). With a population of 7,563, the suburb has an established demographic with a median age of 38. Households earn a median income of $107K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Greek.
The median house price in Hughesdale is $1.4 million, having dipped slightly 0.1% over the past year. Units have a median price of $726,000 (-8.7% YoY). The current median weekly rent is $580. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,167.
Hughesdale is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 1 rail station, 32 bus stops. The crime rate in the Monash LGA is moderate at 7,127 incidents per 100,000 population.
From an investment perspective, Hughesdale offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.4M/$875K), placing it in the premium segment. The price-to-income ratio of 13.3x is considered stretched. House prices have moved -0.1% year-on-year.