Jeparit is a quiet locality in Victoria within the Hindmarsh local government area (postcode 3423). With a population of 476, the suburb has an older demographic with a median age of 56. Households earn a median income of $41K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, German.
The median house price in Jeparit is $158,000, having increased 5% over the past year. The current median weekly rent is $290. This gives a gross rental yield of approximately 9.6%. The median monthly mortgage repayment is $433.
Jeparit is served by 1 school, including 1 primary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Hindmarsh LGA is moderate at 6,724 incidents per 100,000 population.
From an investment perspective, Jeparit offers a gross rental yield of 9.6%, rated as high yield. Property prices sit below the state median ($158K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +5.0% year-on-year.
Jeparit is a quiet locality in Victoria within the Hindmarsh local government area (postcode 3423). With a population of 476, the suburb has an older demographic with a median age of 56. Households earn a median income of $41K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are Australian, English, German.
The median house price in Jeparit is $158,000, having increased 5% over the past year. The current median weekly rent is $290. This gives a gross rental yield of approximately 9.6%. The median monthly mortgage repayment is $433.
Jeparit is served by 1 school, including 1 primary. The average ICSEA score is 936, which is below the national average of 1,000. Public transport access includes 1 bus stop. Healthcare facilities include 1 public hospital. The crime rate in the Hindmarsh LGA is moderate at 6,724 incidents per 100,000 population.
From an investment perspective, Jeparit offers a gross rental yield of 9.6%, rated as high yield. Property prices sit below the state median ($158K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.9x is considered affordable. House prices have moved +5.0% year-on-year.