Pascoe Vale South is a well-established suburb in Victoria within the Moreland local government area (postcode 3044). With a population of 10,534, the suburb has an established demographic with a median age of 39. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Italian, Australian.
The median house price in Pascoe Vale South is $1.2 million, having grown strongly 8.2% over the past year. Units have a median price of $678,000 (+14.3% YoY). The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Pascoe Vale South is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1045, which is around the national average of 1,000. Public transport access includes 56 bus stops.
From an investment perspective, Pascoe Vale South offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.2M/$875K), placing it in the premium segment. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +8.2% year-on-year.
Pascoe Vale South is a well-established suburb in Victoria within the Moreland local government area (postcode 3044). With a population of 10,534, the suburb has an established demographic with a median age of 39. Households earn a median income of $117K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Italian, Australian.
The median house price in Pascoe Vale South is $1.2 million, having grown strongly 8.2% over the past year. Units have a median price of $678,000 (+14.3% YoY). The median weekly rent is $425 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Pascoe Vale South is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1045, which is around the national average of 1,000. Public transport access includes 56 bus stops.
From an investment perspective, Pascoe Vale South offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.2M/$875K), placing it in the premium segment. The price-to-income ratio of 10.5x is considered stretched. House prices have moved +8.2% year-on-year.