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Crossley, VIC 3283
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$870,000
Median Unit
$705,000
Gross Yield (houses)
2.2%
1yr Growth
-
Investment snapshot for Crossley
Crossley has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Crossley market and investor summary
Crossley (VIC 3283) runs a median house price of $870K, with houses yielding a gross 2.2%. At 6.0% 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 2.2% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.0% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Crossley: people, income and schools
Crossley is home to around 235 people, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and 89% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $88,000 a year, or roughly $1,690 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). 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. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 235
- +4% over 5yr
- Median age
- 48 years
- Median household income
- $88,000/yr
- Households renting
- 6%
- Family households
- 79%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 1.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Crossley
No properties currently listed in Crossley
Search Crossley listings →Frequently asked questions about Crossley
What should I check before investing in Crossley?
Crossley 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 Crossley?
The median property price in Crossley, VIC 3283 is $870K for houses and $705K for units.
What rental yield does Crossley show?
The gross rental yield in Crossley is 2.2% 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 Crossley?
The current vacancy rate in Crossley is 6.0%. 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 Crossley?
Crossley has a population of approximately 235 residents, with a median age of 48.
Is Crossley affordable to buy in?
A median house in Crossley 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 Crossley's population growing?
The population of Crossley has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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