Seymour is a mid-sized suburb in Victoria within the Mitchell local government area (postcode 3660). With a population of 6,569, the suburb has a mature demographic with a median age of 45. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Seymour is $445,000, having declined 4.8% over the past year. Units have a median price of $250,000 (-25.1% YoY). The current median weekly rent is $380. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Seymour is served by 2 schools, including 2 combined. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 6 rail stations, 48 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mitchell LGA is higher than average at 9,406 incidents per 100,000 population.
From an investment perspective, Seymour offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($445K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -4.8% year-on-year.
Seymour is a mid-sized suburb in Victoria within the Mitchell local government area (postcode 3660). With a population of 6,569, the suburb has a mature demographic with a median age of 45. Households earn a median income of $61K per year, with an average household size of 2.2 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Seymour is $445,000, having declined 4.8% over the past year. Units have a median price of $250,000 (-25.1% YoY). The current median weekly rent is $380. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,300.
Seymour is served by 2 schools, including 2 combined. The average ICSEA score is 974, which is around the national average of 1,000. Public transport access includes 6 rail stations, 48 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mitchell LGA is higher than average at 9,406 incidents per 100,000 population.
From an investment perspective, Seymour offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($445K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.3x is considered moderate. House prices have moved -4.8% year-on-year.