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Barwon Heads, VIC 3227

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

Data updated

Tight Rental Market

Median House

$1,400,000

market range $1.4M-$1.5M

Median Unit

$1,055,000

market range $950K-$1.1M

Gross Yield (units)

3.2%

1yr Growth (houses)

-3.1%

market range -5.0% to +2.5%

Investment snapshot for Barwon Heads

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

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Barwon Heads market and investor summary

Barwon Heads (VIC 3227) runs a median house price of $1.4M. House prices have moved -3.1% over the past year and -23.8% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking.

Living in Barwon Heads: people, income and schools

Barwon Heads has a resident population of roughly 4,353, and the area has been growing steadily, up about 47% over five years. The median age is 46, 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 $116,000 a year, or roughly $2,230 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 23% over five years, which tends to underpin what local buyers can pay.

There are 4 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 66 km from the CBD. It is fairly car-dependent; the suburb scores 8 for walkability and 14 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
4,353
+47% over 5yr
Median age
46 years
Median household income
$116,000/yr
Households renting
16%
Family households
74%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
4
avg ICSEA 1104
Unemployment
2.2%
Distance to CBD
66 km
Walk score
8/100

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

Properties in Barwon Heads

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Frequently asked questions about Barwon Heads

What should I check before investing in Barwon Heads?

Barwon Heads has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.4% 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 Barwon Heads?

The median property price in Barwon Heads, VIC 3227 is $1.4M for houses and $1.1M for units.

What rental yield does Barwon Heads show?

The gross rental yield in Barwon Heads is 3.2% 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 Barwon Heads?

House prices in Barwon Heads are down 3.1% over the past year and down 23.8% over three years. 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 Barwon Heads?

The current vacancy rate in Barwon Heads is 1.4%. 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 Barwon Heads?

Barwon Heads has a population of approximately 4,353 residents, with a median age of 46.

What schools are near Barwon Heads?

There are 4 schools within roughly 5km of Barwon Heads. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Barwon Heads affordable to buy in?

A median house in Barwon Heads costs about 12.1 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 Barwon Heads's population growing?

The population of Barwon Heads has grown about 47% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Barwon Heads from the CBD?

Barwon Heads is about 66 km from the CBD.

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