Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Amherst, VIC 3371
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$600,000
Median Unit
$210,000
Gross Yield (units)
7.7%
1yr Growth
-
Investment snapshot for Amherst
Amherst has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Amherst verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Amherst - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Amherst market and investor summary
Amherst (VIC 3371) runs a median house price of $600K. At 2.8% vacancy, it is a broadly balanced rental market.
Living in Amherst: people, income and schools
Amherst is home to around 63 people, a number that has held fairly steady over five years. The median age is 60, an older, established demographic, and 89% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $47,000 a year, or roughly $900 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to a steep 12.8 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA.
- Population
- 63
- +6% over 5yr
- Median age
- 60 years
- Median household income
- $47,000/yr
- Households renting
- 11%
- Family households
- 48%
- Socio-economic rank
- 1/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1004
- Unemployment
- 6.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Amherst
No properties currently listed in Amherst
Search Amherst listings →Frequently asked questions about Amherst
What should I check before investing in Amherst?
Amherst has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 7.7%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Amherst?
The median property price in Amherst, VIC 3371 is $600K for houses and $210K for units.
What rental yield does Amherst show?
The gross rental yield in Amherst is 7.7% 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 Amherst?
The current vacancy rate in Amherst is 2.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Amherst?
Amherst has a population of approximately 63 residents, with a median age of 60.
What schools are near Amherst?
There are 1 school within roughly 5km of Amherst. 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 Amherst affordable to buy in?
A median house in Amherst costs about 12.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Amherst's population growing?
The population of Amherst has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API