Laverton is a smaller suburb in Victoria within the Hobsons Bay local government area (postcode 3028). With a population of 4,760, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are English, Australian, Indian.
The median house price in Laverton is $590,000, having risen modestly 1.3% over the past year. Units have a median price of $515,000 (+3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,700.
Laverton is served by 4 schools, including 1 primary, 1 combined, 2 special. The average ICSEA score is 1021, which is around the national average of 1,000. Public transport access includes 11 rail stations, 13 bus stops. The crime rate in the Hobsons Bay LGA is higher than average at 8,123 incidents per 100,000 population.
From an investment perspective, Laverton offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($590K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +1.3% year-on-year.
Laverton is a smaller suburb in Victoria within the Hobsons Bay local government area (postcode 3028). With a population of 4,760, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $79K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are English, Australian, Indian.
The median house price in Laverton is $590,000, having risen modestly 1.3% over the past year. Units have a median price of $515,000 (+3% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,700.
Laverton is served by 4 schools, including 1 primary, 1 combined, 2 special. The average ICSEA score is 1021, which is around the national average of 1,000. Public transport access includes 11 rail stations, 13 bus stops. The crime rate in the Hobsons Bay LGA is higher than average at 8,123 incidents per 100,000 population.
From an investment perspective, Laverton offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($590K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.5x is considered moderate. House prices have moved +1.3% year-on-year.