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Big Hill, VIC 3555

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

Data updated

Strong Growth

Median House

$680,000

list-price estimate

Median Unit

$510,000

Gross Yield (units)

4.6%

1yr Growth (houses)

+11.2%

market range -12.5% to +15.0%

Investment snapshot for Big Hill

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

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Big Hill market and investor summary

Big Hill sits in VIC, postcode 3555. House prices have moved +11.2% over the past year and +22.3% over three years. At 5.1% vacancy, it is a softer rental market with more choice for tenants.

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 164 days on market, so plan for a slower exit if you ever need one.

Living in Big Hill: people, income and schools

Big Hill has a resident population of roughly 281, a number that has held fairly steady over five years. At a median age of 37, it reads as broadly working-age, and 89% 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 $92,000 a year (about $1,770 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.

Families have 5 schools within roughly 5km to choose from, testing close to the national school average on ICSEA.

Population
281
+2% over 5yr
Median age
37 years
Median household income
$92,000/yr
Households renting
11%
Family households
80%
Socio-economic rank
2/10
ABS advantage index
Schools within 5km
5
avg ICSEA 963
Unemployment
5.0%

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

Properties in Big Hill

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Frequently asked questions about Big Hill

What should I check before investing in Big Hill?

Big Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.6% gives a usable rent-to-price starting point. Capital growth of +11.2% in the past year shows strong 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 Big Hill?

The median property price in Big Hill, VIC 3555 is $510K for units.

What rental yield does Big Hill show?

The gross rental yield in Big Hill is 4.6% 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 Big Hill?

House prices in Big Hill are up 11.2% over the past year and up 22.3% 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 Big Hill?

The current vacancy rate in Big Hill 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 Big Hill?

Big Hill has a population of approximately 281 residents, with a median age of 37.

What schools are near Big Hill?

There are 5 schools within roughly 5km of Big Hill. 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 Big Hill's population growing?

The population of Big Hill has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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