Hurstbridge is a smaller suburb in Victoria within the Nillumbik local government area (postcode 3099). With a population of 3,554, the suburb has an established demographic with a median age of 41. Households earn a median income of $113K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Hurstbridge is $921,000, having increased 3.4% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Hurstbridge is served by 1 school, including 1 primary. The average ICSEA score is 1055, which is above the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Nillumbik LGA is below average at 3,681 incidents per 100,000 population.
From an investment perspective, Hurstbridge offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($921K/$875K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +3.4% year-on-year.
Hurstbridge is a smaller suburb in Victoria within the Nillumbik local government area (postcode 3099). With a population of 3,554, the suburb has an established demographic with a median age of 41. Households earn a median income of $113K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Hurstbridge is $921,000, having increased 3.4% over the past year. The current median weekly rent is $540. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $2,000.
Hurstbridge is served by 1 school, including 1 primary. The average ICSEA score is 1055, which is above the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Nillumbik LGA is below average at 3,681 incidents per 100,000 population.
From an investment perspective, Hurstbridge offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($921K/$875K). The price-to-income ratio of 8.2x is considered moderate. House prices have moved +3.4% year-on-year.