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Callignee North, VIC 3844
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$775,000
list-price estimate
Median Unit
$410,000
list-price estimate
Gross Yield (houses)
3.1%
1yr Growth
-
Investment snapshot for Callignee North
Callignee North has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Callignee North market and investor summary
In Callignee North, VIC 3844, houses show a gross rental yield of 3.1%. At 8.4% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 8.4% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Callignee North: people, income and schools
About 42 people live in Callignee North, a number that has held fairly steady over five years. The median age is 32, broadly working-age, and families account for 62% of households.
Households here earn a median of about $98,000 a year, or roughly $1,880 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 42
- +3% over 5yr
- Median age
- 32 years
- Median household income
- $98,000/yr
- Households renting
- 24%
- Family households
- 62%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Callignee North
No properties currently listed in Callignee North
Search Callignee North listings →Frequently asked questions about Callignee North
What should I check before investing in Callignee North?
Callignee North 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 rental yield does Callignee North show?
The gross rental yield in Callignee North is 3.1% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Callignee North?
The current vacancy rate in Callignee North is 8.4%. 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 Callignee North?
Callignee North has a population of approximately 42 residents, with a median age of 32.
Is Callignee North's population growing?
The population of Callignee North has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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