Winchelsea is a smaller suburb in Victoria within the Surf Coast local government area (postcode 3241). With a population of 2,456, the suburb has an established demographic with a median age of 41. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Winchelsea is $645,000, having dipped slightly 0.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,560.
Winchelsea is served by 1 school, including 1 primary. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 2 rail stations. Healthcare facilities include 1 public hospital. The crime rate in the Surf Coast LGA is below average at 3,149 incidents per 100,000 population.
From an investment perspective, Winchelsea offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($645K/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved -0.8% year-on-year.
Winchelsea is a smaller suburb in Victoria within the Surf Coast local government area (postcode 3241). With a population of 2,456, the suburb has an established demographic with a median age of 41. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Winchelsea is $645,000, having dipped slightly 0.8% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,560.
Winchelsea is served by 1 school, including 1 primary. The average ICSEA score is 978, which is around the national average of 1,000. Public transport access includes 2 rail stations. Healthcare facilities include 1 public hospital. The crime rate in the Surf Coast LGA is below average at 3,149 incidents per 100,000 population.
From an investment perspective, Winchelsea offers a gross rental yield of 4.2%, rated as moderate yield. Property prices are near the state median ($645K/$875K). The price-to-income ratio of 8.6x is considered moderate. House prices have moved -0.8% year-on-year.