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Berrambool, VIC 3379
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$245,000
Median Unit
$300,000
Gross Yield (houses)
8.7%
1yr Growth (houses)
+5.9%
estimate
Investment snapshot for Berrambool
Berrambool has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Berrambool market and investor summary
In Berrambool, VIC 3379, the median house sells for around $245K, on a gross rental yield of 8.7% for houses. House prices have moved +5.9% over the past year. At 2.6% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 8.7% does more of the early heavy lifting than capital growth usually would at this price point.
Living in Berrambool: people, income and schools
Berrambool is home to around 749 people, a number that has held fairly steady over five years. At a median age of 52, it reads as an older, established demographic, and families account for 64% of households.
The typical household income runs to around $61,000 a year (about $1,170 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to roughly 4.0 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 30% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 749
- +0% over 5yr
- Median age
- 52 years
- Median household income
- $61,000/yr
- Households renting
- 0%
- Family households
- 64%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 1.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Berrambool
No properties currently listed in Berrambool
Search Berrambool listings →Frequently asked questions about Berrambool
What should I check before investing in Berrambool?
Berrambool has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 8.7%, before expenses, tax and loan costs. Capital growth of +5.9% 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 Berrambool?
The median property price in Berrambool, VIC 3379 is $245K for houses and $300K for units.
What rental yield does Berrambool show?
The gross rental yield in Berrambool is 8.7% for houses and 3.3% 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 Berrambool?
House prices in Berrambool are up 5.9% 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 Berrambool?
The current vacancy rate in Berrambool is 2.6%. 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 Berrambool?
Berrambool has a population of approximately 749 residents, with a median age of 52.
Is Berrambool affordable to buy in?
A median house in Berrambool costs about 4.0 times the median local household income (more affordable than most capital-city markets). 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 Berrambool's population growing?
The population of Berrambool has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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