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Carpendeit, VIC 3260
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$630,000
list-price estimate
Median Unit
$595,000
Gross Yield (units)
3.8%
1yr Growth
-
Investment snapshot for Carpendeit
Carpendeit has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Carpendeit market and investor summary
Carpendeit sits in VIC, postcode 3260. At 0.6% vacancy, it is a tight rental market that favours landlords.
Houses also take time to sell, around 61 days on market, so plan for a slower exit if you ever need one.
Living in Carpendeit: people, income and schools
About 115 people live in Carpendeit, a count that has slipped about 3% over five years. The median age is 40, skewed a little older, and 70% of homes are owner-occupied.
Households here earn a median of about $68,000 a year, or roughly $1,310 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 26% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 115
- -3% over 5yr
- Median age
- 40 years
- Median household income
- $68,000/yr
- Households renting
- 18%
- Family households
- 70%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 1.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Carpendeit
View all →Frequently asked questions about Carpendeit
What should I check before investing in Carpendeit?
Carpendeit has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.6% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Carpendeit?
The median property price in Carpendeit, VIC 3260 is $595K for units.
What rental yield does Carpendeit show?
The gross rental yield in Carpendeit is 3.8% for units. 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 Carpendeit?
The current vacancy rate in Carpendeit is 0.6%. 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 Carpendeit?
Carpendeit has a population of approximately 115 residents, with a median age of 40.
Is Carpendeit's population growing?
The population of Carpendeit has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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