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Gazette, VIC 3289

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$660,000

Median Unit

$130,000

list-price estimate

Gross Yield (houses)

4.8%

1yr Growth

-

Investment snapshot for Gazette

Gazette has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Gazette market and investor summary

Gazette (VIC 3289) runs a median house price of $660K, with houses yielding a gross 4.8%. 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 4.8% 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.

Living in Gazette: people, income and schools

About 42 people live in Gazette, a number that has held fairly steady over five years. The median age is 49, skewed a little older, and 70% of homes are owner-occupied.

Households here earn a median of about $58,000 a year, or roughly $1,120 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 11.3 times local household income, so affordability is a genuine constraint on local buyers.

Population
42
+0% over 5yr
Median age
49 years
Median household income
$58,000/yr
Households renting
30%
Family households
64%
Socio-economic rank
6/10
ABS advantage index
Unemployment
2.0%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Gazette

No properties currently listed in Gazette

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Frequently asked questions about Gazette

What should I check before investing in Gazette?

Gazette has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.8% gives a usable rent-to-price starting point. Tight rental market (1.1% 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 Gazette?

The median property price in Gazette, VIC 3289 is $660K for houses.

What rental yield does Gazette show?

The gross rental yield in Gazette is 4.8% 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 Gazette?

The current vacancy rate in Gazette 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 Gazette?

Gazette has a population of approximately 42 residents, with a median age of 49.

Is Gazette affordable to buy in?

A median house in Gazette costs about 11.3 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 Gazette's population growing?

The population of Gazette has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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