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Drysdale, VIC 3222
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$795,000
list-price estimate
Median Unit
$530,000
market range $500K-$575K
Gross Yield (houses)
3.9%
1yr Growth (houses)
+5.9%
market range +0.0% to +12.5%
Investment snapshot for Drysdale
Drysdale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Drysdale market and investor summary
In Drysdale, VIC 3222, houses show a gross rental yield of 3.9%. House prices have moved +5.9% over the past year and +1.1% over three years. At 1.1% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.9% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 62 days on market, so plan for a slower exit if you ever need one.
Living in Drysdale: people, income and schools
Drysdale is home to around 4,976 people, and the area has been growing steadily, up about 11% over five years. At a median age of 52, it reads as an older, established demographic, and 78% 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 $66,000 a year (about $1,270 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Locally, around 30% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Families have 6 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Drysdale sits about 53 km from the CBD. It is fairly car-dependent; the suburb scores 24 for walkability and 14 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 4,976
- +11% over 5yr
- Median age
- 52 years
- Median household income
- $66,000/yr
- Households renting
- 16%
- Family households
- 71%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 6
- avg ICSEA 1009
- Unemployment
- 3.8%
- Distance to CBD
- 53 km
- Walk score
- 24/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Drysdale
View all →Frequently asked questions about Drysdale
What should I check before investing in Drysdale?
Drysdale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Capital growth of +5.9% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Drysdale?
The median property price in Drysdale, VIC 3222 is $530K for units.
What rental yield does Drysdale show?
The gross rental yield in Drysdale is 3.9% for houses and 4.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Drysdale?
House prices in Drysdale are up 5.9% over the past year and up 1.1% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Drysdale?
The current vacancy rate in Drysdale is 1.1%. 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 Drysdale?
Drysdale has a population of approximately 4,976 residents, with a median age of 52.
What schools are near Drysdale?
There are 6 schools within roughly 5km of Drysdale. 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 Drysdale's population growing?
The population of Drysdale has grown about 11% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Drysdale from the CBD?
Drysdale is about 53 km from the CBD.
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