Vermont VIC

Postcode 3133 · Whitehorse LGA

Vermont is a well-established suburb in Victoria within the Whitehorse local government area (postcode 3133). With a population of 10,993, the suburb has an established demographic with a median age of 40. Households earn a median income of $106K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Chinese, Australian.

The median house price in Vermont is $725,000, having remained flat 0% over the past year. Units have a median price of $934,000 (-5.6% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $2,383.

Vermont is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1141, which is well above the national average of 1,000. Public transport access includes 50 bus stops. The crime rate in the Whitehorse LGA is moderate at 6,384 incidents per 100,000 population.

From an investment perspective, Vermont offers a gross rental yield of 3.9%, rated as moderate yield. Property prices are near the state median ($725K/$875K). The price-to-income ratio of 6.8x is considered moderate. House prices have moved +0.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.9% Moderate Yield
Price vs State$725K/$875K Near Median
Affordability6.8x Moderate
Price Momentum+0.0% Stable
INCOME (ATO 2022-23)
Median Income$59,004
Mean Income$74,699
Earners7,323
YoY Change+6.4%
SEIFA INDEX (ABS)
Advantage9/10
Education10/10
Economic7/10
Disadvantage9/10
MEDIAN HOUSE
$725K
0% YoY
MEDIAN UNIT
$934K
-5.6% YoY
MEDIAN RENT /WK
$426
POPULATION
10,993
DEMOGRAPHICS
Median Age40
Household Size2.8
HH Income /wk$2,042
Personal Income /wk$797
Mortgage /mth$2,383
CRIME (Whitehorse LGA)
Crime Rate (per 100k)6,384
Total Incidents11,844
TRANSPORT
Bus Stops50
SCHOOLS (3)
Avg ICSEA1141
Total Students2,753
Government2
Catholic1
Vermont Secondary CollegeSecondary · Government · ICSEA 1122
Vermont Primary SchoolPrimary · Government · ICSEA 1161
St James' SchoolPrimary · Catholic · ICSEA 1139
Data: 2014