Robinvale is a smaller suburb in Victoria within the Swan Hill local government area (postcode 3549). With a population of 3,497, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $68K per year, with an average household size of 2.9 people. The most common occupations are labourers, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Italian.
The median house price in Robinvale is $390,000, having surged 11.4% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,012.
Robinvale is served by 2 schools, including 2 combined. The average ICSEA score is 890, which is well below the national average of 1,000. Public transport access includes 3 rail stations, 8 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Swan Hill LGA is higher than average at 11,054 incidents per 100,000 population.
From an investment perspective, Robinvale offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($390K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +11.4% year-on-year.
Robinvale is a smaller suburb in Victoria within the Swan Hill local government area (postcode 3549). With a population of 3,497, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $68K per year, with an average household size of 2.9 people. The most common occupations are labourers, managers, machinery operators & drivers. The top ancestries reported are Australian, English, Italian.
The median house price in Robinvale is $390,000, having surged 11.4% over the past year. The current median weekly rent is $380. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,012.
Robinvale is served by 2 schools, including 2 combined. The average ICSEA score is 890, which is well below the national average of 1,000. Public transport access includes 3 rail stations, 8 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Swan Hill LGA is higher than average at 11,054 incidents per 100,000 population.
From an investment perspective, Robinvale offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($390K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved +11.4% year-on-year.