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Broadford, VIC 3658
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$610,000
market range $550K-$675K
Median Unit
$500,000
list-price estimate
Gross Yield (houses)
4.3%
1yr Growth (houses)
+5.0%
market range +0.0% to +7.5%
Investment snapshot for Broadford
Broadford has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Broadford market and investor summary
In Broadford, VIC 3658, the median house sells for around $610K, on a gross rental yield of 4.3% for houses. House prices have moved +5.0% over the past year and +7.1% over three years. At 1.2% 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 4.3% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.2% and a resident base that is not shrinking.
Living in Broadford: people, income and schools
About 4,592 people live in Broadford, and the area has been growing steadily, up about 13% over five years. At a median age of 40, it reads as skewed a little older, and 78% 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 $79,000 a year (about $1,520 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to about 7.7 times local household income, in line with much of metropolitan Australia. Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Broadford sits about 67 km from the CBD. It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 4,592
- +13% over 5yr
- Median age
- 40 years
- Median household income
- $79,000/yr
- Households renting
- 19%
- Family households
- 69%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 967
- Unemployment
- 4.8%
- Distance to CBD
- 67 km
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Broadford
No properties currently listed in Broadford
Search Broadford listings →Frequently asked questions about Broadford
What should I check before investing in Broadford?
Broadford has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +5.0% 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 Broadford?
The median property price in Broadford, VIC 3658 is $610K for houses.
What rental yield does Broadford show?
The gross rental yield in Broadford is 4.3% for houses and 4.5% 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 Broadford?
House prices in Broadford are up 5.0% over the past year and up 7.1% 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 Broadford?
The current vacancy rate in Broadford is 1.2%. 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 Broadford?
Broadford has a population of approximately 4,592 residents, with a median age of 40.
What schools are near Broadford?
There are 2 schools within roughly 5km of Broadford. 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 Broadford affordable to buy in?
A median house in Broadford costs about 7.7 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 Broadford's population growing?
The population of Broadford has grown about 13% 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 Broadford from the CBD?
Broadford is about 67 km from the CBD.
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