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Argyle, VIC 3523
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$665,000
list-price estimate
Median Unit
$615,000
Gross Yield (houses)
2.8%
1yr Growth
-
Investment snapshot for Argyle
Argyle has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Argyle market and investor summary
In Argyle, VIC 3523, houses show a gross rental yield of 2.8%. At 5.1% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 5.1% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 176 days on market, so plan for a slower exit if you ever need one.
Living in Argyle: people, income and schools
Argyle has a resident population of roughly 272, and the area has been growing steadily, up about 10% over five years. At a median age of 57, it reads as an older, established demographic, and 87% 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 $41,000 a year (about $790 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 272
- +10% over 5yr
- Median age
- 57 years
- Median household income
- $41,000/yr
- Households renting
- 11%
- Family households
- 56%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 976
- Unemployment
- 5.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Argyle
View all →Frequently asked questions about Argyle
What should I check before investing in Argyle?
Argyle has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Argyle?
The median property price in Argyle, VIC 3523 is $615K for units.
What rental yield does Argyle show?
The gross rental yield in Argyle is 2.8% for houses and 3.2% 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 Argyle?
The current vacancy rate in Argyle is 5.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Argyle?
Argyle has a population of approximately 272 residents, with a median age of 57.
What schools are near Argyle?
There are 1 school within roughly 5km of Argyle. 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 Argyle's population growing?
The population of Argyle has grown about 10% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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