Irymple is a mid-sized suburb in Victoria within the Mildura local government area (postcode 3498). With a population of 5,977, the suburb has an established demographic with a median age of 40. Households earn a median income of $84K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Italian.
The median house price in Irymple is $560,000, having surged 12% over the past year. Units have a median price of $429,000 (+43.5% YoY). The current median weekly rent is $380. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,343.
Irymple is served by 5 schools, including 2 primary, 1 secondary, 2 combined. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Mildura LGA is higher than average at 14,116 incidents per 100,000 population.
From an investment perspective, Irymple offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($560K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +12.0% year-on-year.
Irymple is a mid-sized suburb in Victoria within the Mildura local government area (postcode 3498). With a population of 5,977, the suburb has an established demographic with a median age of 40. Households earn a median income of $84K per year, with an average household size of 2.6 people. The most common occupations are managers, technicians & trades, professionals. The top ancestries reported are Australian, English, Italian.
The median house price in Irymple is $560,000, having surged 12% over the past year. Units have a median price of $429,000 (+43.5% YoY). The current median weekly rent is $380. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $1,343.
Irymple is served by 5 schools, including 2 primary, 1 secondary, 2 combined. The average ICSEA score is 992, which is around the national average of 1,000. Public transport access includes 26 bus stops. The crime rate in the Mildura LGA is higher than average at 14,116 incidents per 100,000 population.
From an investment perspective, Irymple offers a gross rental yield of 3.5%, rated as moderate yield. Property prices sit below the state median ($560K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.7x is considered moderate. House prices have moved +12.0% year-on-year.