Skip to main content

Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.

Take the 2-min quiz

12,000+ suburbs | 110k+ live listings | refreshed daily

Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.

See a sample suburb report before signing up or paying. | Take the 30-second product tour

Buffalo, VIC 3958

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

Data updated

Median House

$615,000

market range $550K-$1.4M

Median Unit

$990,000

Gross Yield

-

1yr Growth

-

Investment snapshot for Buffalo

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

Read the full Buffalo verdict

Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.

Short-term access. No subscription. See all plans

See sample analysis before paying.

Investment score breakdown

See exactly which signals drive Buffalo - yield, growth, affordability, vacancy, livability, safety, and demographics.

Access from $20. Cancel anytime. See all plans

Secure checkout by Stripe. Cancel anytime.

Buffalo market and investor summary

Buffalo (VIC 3958) runs a median house price of $615K. At 3.5% vacancy, it is a softer rental market with more choice for tenants.

Houses also take time to sell, around 79 days on market, so plan for a slower exit if you ever need one.

Living in Buffalo: people, income and schools

Buffalo is home to around 284 people, a number that has held fairly steady over five years. The median age is 47, skewed a little older, and 74% 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 $86,000 a year, or roughly $1,650 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 about 7.2 times local household income, in line with much of metropolitan Australia.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
284
+4% over 5yr
Median age
47 years
Median household income
$86,000/yr
Households renting
14%
Family households
78%
Socio-economic rank
8/10
ABS advantage index
Unemployment
2.9%

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

Properties in Buffalo

No properties currently listed in Buffalo

Search Buffalo listings →

Frequently asked questions about Buffalo

What should I check before investing in Buffalo?

Buffalo 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 Buffalo?

The median property price in Buffalo, VIC 3958 is $615K for houses and $990K for units.

How tight is the rental market in Buffalo?

The current vacancy rate in Buffalo is 3.5%. 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 Buffalo?

Buffalo has a population of approximately 284 residents, with a median age of 47.

Is Buffalo affordable to buy in?

A median house in Buffalo costs about 7.2 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 Buffalo's population growing?

The population of Buffalo has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

Keep researching with PropRadar

Free tools for the rest of your investment decision, no card required.