Point Cook is a major suburb in Victoria within the Wyndham local government area (postcode 3030). With a population of 66,781, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $124K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Indian, English, Chinese.
The median house price in Point Cook is $780,000, having risen modestly 1.3% over the past year. Units have a median price of $531,000 (-5.2% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,115.
Point Cook is served by 10 schools, including 3 primary, 2 secondary, 5 combined. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 122 bus stops. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Point Cook offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($780K/$875K). The price-to-income ratio of 6.3x is considered moderate. House prices have moved +1.3% year-on-year.
Point Cook is a major suburb in Victoria within the Wyndham local government area (postcode 3030). With a population of 66,781, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $124K per year, with an average household size of 3.2 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Indian, English, Chinese.
The median house price in Point Cook is $780,000, having risen modestly 1.3% over the past year. Units have a median price of $531,000 (-5.2% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $2,115.
Point Cook is served by 10 schools, including 3 primary, 2 secondary, 5 combined. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 122 bus stops. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Point Cook offers a gross rental yield of 3.2%, rated as moderate yield. Property prices are near the state median ($780K/$875K). The price-to-income ratio of 6.3x is considered moderate. House prices have moved +1.3% year-on-year.