Located in Victoria within the Baw Baw local government area, Rawson is a quiet locality (postcode 3825). It is home to about 296 residents, with a mature demographic and a median age of 46. Households earn a median income of $44K per year, with an average household size of 2.1 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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 technicians & trades, community & personal service, machinery operators & drivers. Employment in the area leans toward accommodation & food and construction. The top ancestries reported are Australian, English, Scottish.
Median house prices in Rawson stand at $356,000, having grown strongly by 7.7% over the last twelve months. The current median weekly rent is $525. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $867.
Rawson is served by 1 school, including 1 primary. The average ICSEA score is 926, which is below the national average of 1,000. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
On the investment side, Rawson shows a gross rental yield of approximately 7.7%, rated as high yield. Property prices sit below the state median ($356K/$875K), which can point to relative value. The price-to-income ratio of 8.1x is considered moderate. House prices have moved +7.7% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.