Lindenow is a close-knit residential community in Victoria within the East Gippsland local government area (postcode 3865). It is home to about 527 residents, with an established family demographic and a median age of 43. Households earn a median income of $67K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, managers. Employment in the area leans toward agriculture and retail trade. The top ancestries reported are Australian, English, Irish.
The median house price in Lindenow is $470,000, having climbed sharply by 26.2% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,149.
Lindenow is served by 1 school, including 1 primary. The average ICSEA score is 984, which is around the national average of 1,000. The crime rate in the East Gippsland LGA is higher than average at 13,055 incidents per 100,000 population.
From an investment perspective, Lindenow shows a gross rental yield of approximately 5.1%, rated as high yield. Property prices sit below the state median ($470K/$875K), which can point to relative value. The price-to-income ratio of 7.0x is considered moderate. House prices have moved +26.2% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.