Surf Beach is a small community in Victoria within the Bass Coast local government area (postcode 3922). With a population of 670, the suburb has a mature demographic with a median age of 46. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Surf Beach is $717,000, having dropped significantly 11% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,433.
Public transport access includes 2 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, Surf Beach offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($717K/$875K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved -11.0% year-on-year.
Surf Beach is a small community in Victoria within the Bass Coast local government area (postcode 3922). With a population of 670, the suburb has a mature demographic with a median age of 46. Households earn a median income of $74K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are Australian, English, Irish.
The median house price in Surf Beach is $717,000, having dropped significantly 11% over the past year. The current median weekly rent is $450. This gives a gross rental yield of approximately 3.3%. The median monthly mortgage repayment is $1,433.
Public transport access includes 2 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, Surf Beach offers a gross rental yield of 3.3%, rated as moderate yield. Property prices are near the state median ($717K/$875K). The price-to-income ratio of 9.7x is considered moderate. House prices have moved -11.0% year-on-year.