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Cashmore, VIC 3305
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$930,000
Median Unit
$295,000
list-price estimate
Gross Yield (houses)
3.4%
1yr Growth
-
Investment snapshot for Cashmore
Cashmore has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Cashmore market and investor summary
In Cashmore, VIC 3305, the median house sells for around $930K, on a gross rental yield of 3.4% for houses. At 2.7% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Cashmore: people, income and schools
Cashmore has a resident population of roughly 197, a number that has held fairly steady over five years. At a median age of 52, it reads as an older, established demographic, and 94% 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 (2 out of 10). At current prices a median house runs to a steep 9.9 times local household income, so affordability is a genuine constraint on local buyers.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 197
- -1% over 5yr
- Median age
- 52 years
- Median household income
- $94,000/yr
- Households renting
- 4%
- Family households
- 80%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 3.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Cashmore
No properties currently listed in Cashmore
Search Cashmore listings →Frequently asked questions about Cashmore
What should I check before investing in Cashmore?
Cashmore 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 Cashmore?
The median property price in Cashmore, VIC 3305 is $930K for houses.
What rental yield does Cashmore show?
The gross rental yield in Cashmore is 3.4% 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 Cashmore?
The current vacancy rate in Cashmore is 2.7%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Cashmore?
Cashmore has a population of approximately 197 residents, with a median age of 52.
Is Cashmore affordable to buy in?
A median house in Cashmore costs about 9.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Cashmore's population growing?
The population of Cashmore has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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