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Elevated Plains, VIC 3461
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$925,000
list-price estimate
Median Unit
$465,000
list-price estimate
Gross Yield (houses)
2.8%
1yr Growth
-
Investment snapshot for Elevated Plains
Elevated Plains has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Elevated Plains market and investor summary
In Elevated Plains, VIC 3461, houses show a gross rental yield of 2.8%. At 3.4% 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 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 181 days on market, so plan for a slower exit if you ever need one.
Living in Elevated Plains: people, income and schools
Elevated Plains has a resident population of roughly 39, and the area has been growing steadily, up about 6% over five years. At a median age of 55, it reads as an older, established demographic, and families account for 100% of households.
The typical household income runs to around $136,000 a year (about $2,620 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 32% over five years, which tends to underpin what local buyers can pay.
Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 39
- +6% over 5yr
- Median age
- 55 years
- Median household income
- $136,000/yr
- Households renting
- 13%
- Family households
- 100%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1013
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Elevated Plains
View all →Frequently asked questions about Elevated Plains
What should I check before investing in Elevated Plains?
Elevated Plains 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 rental yield does Elevated Plains show?
The gross rental yield in Elevated Plains is 2.8% 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 Elevated Plains?
The current vacancy rate in Elevated Plains is 3.4%. 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 Elevated Plains?
Elevated Plains has a population of approximately 39 residents, with a median age of 55.
What schools are near Elevated Plains?
There are 2 schools within roughly 5km of Elevated Plains. 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 Elevated Plains's population growing?
The population of Elevated Plains has grown about 6% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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