Located in Victoria within the Loddon local government area, Inglewood is a close-knit residential community (postcode 3517). With a population of 886, the suburb has a more retirement-aged population with a median age of 55. Households earn a median income of $44K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% 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 labourers, technicians & trades, community & personal service. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.
Median house prices in Inglewood stand at $330,000, having edged higher by 1.5% over the last twelve months. The current median weekly rent is $380. This gives a gross rental yield of approximately 6.0%. The median monthly mortgage repayment is $867.
Inglewood is served by 2 schools, including 2 primary. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 4 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Loddon LGA is moderate at 6,652 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 6.0% (high yield). Property prices sit below the state median ($330K/$875K), which can point to relative value. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +1.5% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.