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Gellibrand, VIC 3239
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$580,000
list-price estimate
Median Unit
$635,000
Gross Yield (houses)
3.3%
1yr Growth
-
Investment snapshot for Gellibrand
Gellibrand has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Gellibrand market and investor summary
In Gellibrand, VIC 3239, houses show a gross rental yield of 3.3%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.3% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Gellibrand: people, income and schools
About 230 people live in Gellibrand, a number that has held fairly steady over five years. At a median age of 52, it reads as an older, established demographic, and 87% 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 $64,000 a year (about $1,230 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 21% 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. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 230
- +1% over 5yr
- Median age
- 52 years
- Median household income
- $64,000/yr
- Households renting
- 3%
- Family households
- 67%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 1.7%
- 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 Gellibrand
No properties currently listed in Gellibrand
Search Gellibrand listings →Frequently asked questions about Gellibrand
What should I check before investing in Gellibrand?
Gellibrand 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 Gellibrand?
The median property price in Gellibrand, VIC 3239 is $635K for units.
What rental yield does Gellibrand show?
The gross rental yield in Gellibrand is 3.3% for houses and 2.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Gellibrand?
Gellibrand has a population of approximately 230 residents, with a median age of 52.
Is Gellibrand's population growing?
The population of Gellibrand has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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