Vermont South is a well-established suburb in Victoria within the Whitehorse local government area (postcode 3133). With a population of 11,954, the suburb has a mature demographic with a median age of 46. Households earn a median income of $101K 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 Chinese, English, Australian.
The median house price in Vermont South is $815,000, having remained flat 0% over the past year. Units have a median price of $970,000 (+33.2% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,383.
Vermont South is served by 5 schools, including 3 primary, 1 combined, 1 special. The average ICSEA score is 1092, which is above the national average of 1,000. Public transport access includes 2 tram stops, 49 bus stops. The crime rate in the Whitehorse LGA is moderate at 6,384 incidents per 100,000 population.
From an investment perspective, Vermont South offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($815K/$875K). The price-to-income ratio of 8.1x is considered moderate. House prices have moved +0.0% year-on-year.
Vermont South is a well-established suburb in Victoria within the Whitehorse local government area (postcode 3133). With a population of 11,954, the suburb has a mature demographic with a median age of 46. Households earn a median income of $101K 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 Chinese, English, Australian.
The median house price in Vermont South is $815,000, having remained flat 0% over the past year. Units have a median price of $970,000 (+33.2% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 3.5%. The median monthly mortgage repayment is $2,383.
Vermont South is served by 5 schools, including 3 primary, 1 combined, 1 special. The average ICSEA score is 1092, which is above the national average of 1,000. Public transport access includes 2 tram stops, 49 bus stops. The crime rate in the Whitehorse LGA is moderate at 6,384 incidents per 100,000 population.
From an investment perspective, Vermont South offers a gross rental yield of 3.5%, rated as moderate yield. Property prices are near the state median ($815K/$875K). The price-to-income ratio of 8.1x is considered moderate. House prices have moved +0.0% year-on-year.