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Alvie, VIC 3249
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$920,000
list-price estimate
Median Unit
$340,000
Gross Yield (houses)
4.1%
1yr Growth
-
Investment snapshot for Alvie
Alvie has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Alvie market and investor summary
In Alvie, VIC 3249, houses show a gross rental yield of 4.1%. At 1.1% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.1% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 177 days on market, so plan for a slower exit if you ever need one.
Living in Alvie: people, income and schools
About 141 people live in Alvie, a number that has held fairly steady over five years. At a median age of 47, it reads as skewed a little older, and 94% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $57,000 a year (about $1,100 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.
Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 141
- +1% over 5yr
- Median age
- 47 years
- Median household income
- $57,000/yr
- Households renting
- 11%
- Family households
- 63%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 955
- Unemployment
- 1.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Alvie
No properties currently listed in Alvie
Search Alvie listings →Frequently asked questions about Alvie
What should I check before investing in Alvie?
Alvie has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.5%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.1% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Alvie?
The median property price in Alvie, VIC 3249 is $340K for units.
What rental yield does Alvie show?
The gross rental yield in Alvie is 4.1% for houses and 5.5% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Alvie?
The current vacancy rate in Alvie is 1.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Alvie?
Alvie has a population of approximately 141 residents, with a median age of 47.
What schools are near Alvie?
There are 2 schools within roughly 5km of Alvie. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Alvie's population growing?
The population of Alvie has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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