Windsor is a moderately sized suburb in Victoria within the Stonnington local government area (postcode 3181). It is home to about 7,273 residents, with a mix of young professionals and families and a median age of 34. Households earn a median income of $105K per year, with an average household size of 1.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Windsor is $1.4 million, having moved lower by 4.5% over the past year. Units have a median price of $508,000 (-6.8% YoY). The current median weekly rent is $590. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,145.
Windsor is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 4 rail stations, 19 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Stonnington LGA is higher than average at 12,012 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.1% (low yield). Property prices are above the state median ($1.4M/$875K), placing it in the premium segment. The price-to-income ratio of 13.6x is considered stretched. House prices have moved -4.5% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.