St Arnaud is a smaller suburb in Victoria within the Northern Grampians local government area (postcode 3478). With a population of 2,318, the suburb has a mature demographic with a median age of 52. Households earn a median income of $48K per year, with an average household size of 2 people. The most common occupations are labourers, community & personal service, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in St Arnaud is $275,000, having dipped slightly 1.8% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $867.
St Arnaud is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 981, which is around the national average of 1,000. Public transport access includes 4 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Northern Grampians LGA is higher than average at 13,475 incidents per 100,000 population.
From an investment perspective, St Arnaud offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($275K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -1.8% year-on-year.
St Arnaud is a smaller suburb in Victoria within the Northern Grampians local government area (postcode 3478). With a population of 2,318, the suburb has a mature demographic with a median age of 52. Households earn a median income of $48K per year, with an average household size of 2 people. The most common occupations are labourers, community & personal service, managers. The top ancestries reported are English, Australian, Scottish.
The median house price in St Arnaud is $275,000, having dipped slightly 1.8% over the past year. The current median weekly rent is $320. This gives a gross rental yield of approximately 6.1%. The median monthly mortgage repayment is $867.
St Arnaud is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 981, which is around the national average of 1,000. Public transport access includes 4 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Northern Grampians LGA is higher than average at 13,475 incidents per 100,000 population.
From an investment perspective, St Arnaud offers a gross rental yield of 6.1%, rated as high yield. Property prices sit below the state median ($275K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 5.7x is considered affordable. House prices have moved -1.8% year-on-year.