Rhyll VIC

Postcode 3923 · Bass Coast LGA

Rhyll is a small community in Victoria within the Bass Coast local government area (postcode 3923). With a population of 836, the suburb has an older demographic with a median age of 60. Households earn a median income of $65K per year, with an average household size of 2.1 people. The most common occupations are managers, professionals, technicians & trades. The top ancestries reported are English, Australian, Scottish.

The median house price in Rhyll is $970,000, having surged 28.9% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $1,606.

Rhyll is served by 1 school, including 1 combined. The average ICSEA score is 1083, which is above the national average of 1,000. Public transport access includes 12 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.

From an investment perspective, Rhyll offers a gross rental yield of 2.4%, rated as low yield. Property prices are near the state median ($970K/$875K). The price-to-income ratio of 14.9x is considered stretched. House prices have moved +28.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.4% Low Yield
Price vs State$970K/$875K Near Median
Affordability14.9x Stretched
Price Momentum+28.9% Rising
SEIFA INDEX (ABS)
Advantage9/10
Education7/10
Economic7/10
Disadvantage7/10
MEDIAN HOUSE
$970K
28.9% YoY
MEDIAN RENT /WK
$320
POPULATION
836
DEMOGRAPHICS
Median Age60
Household Size2.1
HH Income /wk$1,254
Personal Income /wk$714
Mortgage /mth$1,606
CRIME (Bass Coast LGA)
Crime Rate (per 100k)8,622
Total Incidents3,822
TRANSPORT
Bus Stops12
SCHOOLS (1)
Avg ICSEA1083
Total Students916
Independent1
Newhaven CollegeCombined · Independent · ICSEA 1083
Data: 2024