Indented Head is a small community in Victoria within the Greater Geelong local government area (postcode 3223). With a population of 1,391, the suburb has an older demographic with a median age of 59. Households earn a median income of $62K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Indented Head is $823,000, having risen modestly 0.3% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 22 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Indented Head offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($823K/$875K). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +0.3% year-on-year.
Indented Head is a small community in Victoria within the Greater Geelong local government area (postcode 3223). With a population of 1,391, the suburb has an older demographic with a median age of 59. Households earn a median income of $62K per year, with an average household size of 2.1 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Indented Head is $823,000, having risen modestly 0.3% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 2.9%. The median monthly mortgage repayment is $1,733.
Public transport access includes 22 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Indented Head offers a gross rental yield of 2.9%, rated as low yield. Property prices are near the state median ($823K/$875K). The price-to-income ratio of 13.2x is considered stretched. House prices have moved +0.3% year-on-year.