Violet Town is a small community in Victoria within the Strathbogie local government area (postcode 3669). With a population of 936, the suburb has an older demographic with a median age of 57. Households earn a median income of $50K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Violet Town is $200,000, having remained flat 0% over the past year. The current median weekly rent is $413. This gives a gross rental yield of approximately 10.8%. The median monthly mortgage repayment is $1,092.
Violet Town is served by 1 school, including 1 primary. The average ICSEA score is 929, which is below the national average of 1,000. Public transport access includes 1 rail station. The crime rate in the Strathbogie LGA is moderate at 5,665 incidents per 100,000 population.
From an investment perspective, Violet Town offers a gross rental yield of 10.8%, rated as high yield. Property prices sit below the state median ($200K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +0.0% year-on-year.
Violet Town is a small community in Victoria within the Strathbogie local government area (postcode 3669). With a population of 936, the suburb has an older demographic with a median age of 57. Households earn a median income of $50K per year, with an average household size of 1.9 people. The most common occupations are managers, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Violet Town is $200,000, having remained flat 0% over the past year. The current median weekly rent is $413. This gives a gross rental yield of approximately 10.8%. The median monthly mortgage repayment is $1,092.
Violet Town is served by 1 school, including 1 primary. The average ICSEA score is 929, which is below the national average of 1,000. Public transport access includes 1 rail station. The crime rate in the Strathbogie LGA is moderate at 5,665 incidents per 100,000 population.
From an investment perspective, Violet Town offers a gross rental yield of 10.8%, rated as high yield. Property prices sit below the state median ($200K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 4.0x is considered affordable. House prices have moved +0.0% year-on-year.