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Avenel, VIC 3664
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$635,000
market range $575K-$700K
Median Unit
$445,000
list-price estimate
Gross Yield (houses)
3.8%
1yr Growth (houses)
+5.5%
market range -7.5% to +15.0%
Investment snapshot for Avenel
Avenel has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Avenel market and investor summary
Avenel (VIC 3664) runs a median house price of $635K, with houses yielding a gross 3.8%. House prices have moved +5.5% over the past year. At 1.0% 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 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking. Houses also take time to sell, around 96 days on market, so plan for a slower exit if you ever need one.
Living in Avenel: people, income and schools
Avenel has a resident population of roughly 1,112, and the area has been growing steadily, up about 12% over five years. The median age is 49, skewed a little older, and 82% 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 $74,000 a year, or roughly $1,410 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 8.6 times local household income, in line with much of metropolitan Australia.
- Population
- 1,112
- +12% over 5yr
- Median age
- 49 years
- Median household income
- $74,000/yr
- Households renting
- 15%
- Family households
- 71%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 4.6%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Avenel
No properties currently listed in Avenel
Search Avenel listings →Frequently asked questions about Avenel
What should I check before investing in Avenel?
Avenel has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.0%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +5.5% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Avenel?
The median property price in Avenel, VIC 3664 is $635K for houses.
What rental yield does Avenel show?
The gross rental yield in Avenel is 3.8% for houses and 5.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Avenel?
House prices in Avenel are up 5.5% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Avenel?
The current vacancy rate in Avenel is 1.0%. 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 Avenel?
Avenel has a population of approximately 1,112 residents, with a median age of 49.
Is Avenel affordable to buy in?
A median house in Avenel costs about 8.6 times the median local household income (broadly in line with metropolitan Australia). 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 Avenel's population growing?
The population of Avenel has grown about 12% 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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