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Caveat, VIC 3660
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$380,000
market range $350K-$875K
Median Unit
$355,000
Gross Yield (houses)
6.5%
1yr Growth
-
Investment snapshot for Caveat
Caveat has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Caveat market and investor summary
In Caveat, VIC 3660, the median house sells for around $380K, on a gross rental yield of 6.5% for houses. At 1.0% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 6.5% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking.
Living in Caveat: people, income and schools
Caveat is home to around 59 people, a number that has held fairly steady over five years. At a median age of 51, it reads as an older, established demographic.
The typical household income runs to around $63,000 a year (about $1,210 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 about 6.0 times local household income, in line with much of metropolitan Australia. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
- Population
- 59
- +5% over 5yr
- Median age
- 51 years
- Median household income
- $63,000/yr
- Households renting
- 27%
- Family households
- 47%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 11.0%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Caveat
No properties currently listed in Caveat
Search Caveat listings →Frequently asked questions about Caveat
What should I check before investing in Caveat?
Caveat has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 6.5%, before expenses, tax and loan costs. Tight rental market (1.0% 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 Caveat?
The median property price in Caveat, VIC 3660 is $380K for houses and $355K for units.
What rental yield does Caveat show?
The gross rental yield in Caveat is 6.5% for houses and 5.5% 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 Caveat?
The current vacancy rate in Caveat is 1.0%. 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 Caveat?
Caveat has a population of approximately 59 residents, with a median age of 51.
Is Caveat affordable to buy in?
A median house in Caveat costs about 6.0 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 Caveat's population growing?
The population of Caveat has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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