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Barnawartha North, VIC 3691

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$1,325,000

market range $925K-$1.4M

Median Unit

$465,000

Gross Yield (units)

4.0%

1yr Growth

-

Investment snapshot for Barnawartha North

Barnawartha North has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Barnawartha North market and investor summary

In Barnawartha North, VIC 3691, the median house sells for around $1.3M. At 5.9% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 5.9% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 81 days on market, so plan for a slower exit if you ever need one.

Living in Barnawartha North: people, income and schools

About 188 people live in Barnawartha North, and the area has been growing steadily, up about 16% over five years. At a median age of 46, it reads as skewed a little older, and 92% 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 $99,000 a year (about $1,900 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 13.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.

It is fairly car-dependent; the suburb scores 4 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
188
+16% over 5yr
Median age
46 years
Median household income
$99,000/yr
Households renting
10%
Family households
83%
Socio-economic rank
8/10
ABS advantage index
Unemployment
2.4%
Walk score
4/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Barnawartha North

No properties currently listed in Barnawartha North

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Frequently asked questions about Barnawartha North

What should I check before investing in Barnawartha North?

Barnawartha North 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 Barnawartha North?

The median property price in Barnawartha North, VIC 3691 is $1.3M for houses and $465K for units.

What rental yield does Barnawartha North show?

The gross rental yield in Barnawartha North is 4.0% 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 Barnawartha North?

The current vacancy rate in Barnawartha North is 5.9%. 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 Barnawartha North?

Barnawartha North has a population of approximately 188 residents, with a median age of 46.

Is Barnawartha North affordable to buy in?

A median house in Barnawartha North costs about 13.4 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 Barnawartha North's population growing?

The population of Barnawartha North has grown about 16% 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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