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Concongella, VIC 3384
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$345,000
market range $325K-$1.4M
Median Unit
$165,000
list-price estimate
Gross Yield (houses)
4.4%
1yr Growth
-
Investment snapshot for Concongella
Concongella has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Concongella market and investor summary
In Concongella, VIC 3384, the median house sells for around $345K, on a gross rental yield of 4.4% for houses.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.4% is neither a standout cashflow play nor a pure growth bet.
Living in Concongella: people, income and schools
Concongella has a resident population of roughly 146, a number that has held fairly steady over five years. At a median age of 54, it reads as an older, established demographic, and 87% 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 $72,000 a year (about $1,390 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to roughly 4.8 times local household income, leaving more headroom than most capital-city markets.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 146
- +2% over 5yr
- Median age
- 54 years
- Median household income
- $72,000/yr
- Households renting
- 8%
- Family households
- 83%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 978
- Unemployment
- 2.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Concongella
No properties currently listed in Concongella
Search Concongella listings →Frequently asked questions about Concongella
What should I check before investing in Concongella?
Concongella has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.4% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Concongella?
The median property price in Concongella, VIC 3384 is $345K for houses.
What rental yield does Concongella show?
The gross rental yield in Concongella is 4.4% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Concongella?
Concongella has a population of approximately 146 residents, with a median age of 54.
What schools are near Concongella?
There are 1 school within roughly 5km of Concongella. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Concongella affordable to buy in?
A median house in Concongella costs about 4.8 times the median local household income (more affordable than most capital-city markets). 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 Concongella's population growing?
The population of Concongella has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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