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Fryerstown, VIC 3451
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$915,000
list-price estimate
Median Unit
$650,000
Gross Yield (houses)
2.4%
1yr Growth (houses)
+4.5%
market range -2.5% to +35.0%
Investment snapshot for Fryerstown
Fryerstown has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Fryerstown market and investor summary
In Fryerstown, VIC 3451, houses show a gross rental yield of 2.4%. House prices have moved +4.5% over the past year. At 1.5% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking. Houses also take time to sell, around 84 days on market, so plan for a slower exit if you ever need one.
Living in Fryerstown: people, income and schools
Fryerstown is home to around 232 people, a number that has held fairly steady over five years. The median age is 51, an older, established demographic, and 84% 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 $64,000 a year, or roughly $1,230 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
It is fairly car-dependent; the suburb scores 1 for walkability out of 100.
- Population
- 232
- +5% over 5yr
- Median age
- 51 years
- Median household income
- $64,000/yr
- Households renting
- 9%
- Family households
- 68%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 3.1%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Fryerstown
No properties currently listed in Fryerstown
Search Fryerstown listings →Frequently asked questions about Fryerstown
What should I check before investing in Fryerstown?
Fryerstown has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +4.5% in the past year shows positive recent price momentum. Tight rental market (1.5% 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 Fryerstown?
The median property price in Fryerstown, VIC 3451 is $650K for units.
What rental yield does Fryerstown show?
The gross rental yield in Fryerstown is 2.4% for houses and 3.2% 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 Fryerstown?
House prices in Fryerstown are up 4.5% over the past year. 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 Fryerstown?
The current vacancy rate in Fryerstown is 1.5%. 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 Fryerstown?
Fryerstown has a population of approximately 232 residents, with a median age of 51.
Is Fryerstown's population growing?
The population of Fryerstown 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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