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Calulu, VIC 3875
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$835,000
market range $800K-$1.2M
Median Unit
$315,000
list-price estimate
Gross Yield (houses)
3.3%
1yr Growth
-
Investment snapshot for Calulu
Calulu has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Calulu market and investor summary
In Calulu, VIC 3875, the median house sells for around $835K, on a gross rental yield of 3.3% for houses. At 6.6% 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 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.6% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Calulu: people, income and schools
Calulu is home to around 186 people, a number that has held fairly steady over five years. At a median age of 45, it reads as skewed a little older, and 83% 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 $94,000 a year (about $1,810 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 8.9 times local household income, in line with much of metropolitan Australia. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 186
- +3% over 5yr
- Median age
- 45 years
- Median household income
- $94,000/yr
- Households renting
- 5%
- Family households
- 93%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 5.2%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Calulu
No properties currently listed in Calulu
Search Calulu listings →Frequently asked questions about Calulu
What should I check before investing in Calulu?
Calulu 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 Calulu?
The median property price in Calulu, VIC 3875 is $835K for houses.
What rental yield does Calulu show?
The gross rental yield in Calulu is 3.3% 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 Calulu?
The current vacancy rate in Calulu is 6.6%. 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 Calulu?
Calulu has a population of approximately 186 residents, with a median age of 45.
Is Calulu affordable to buy in?
A median house in Calulu costs about 8.9 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 Calulu's population growing?
The population of Calulu 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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