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Gobur, VIC 3719

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

Data updated

Median House

$825,000

Median Unit

$380,000

Gross Yield (houses)

2.3%

1yr Growth

-

Investment snapshot for Gobur

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

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Gobur market and investor summary

In Gobur, VIC 3719, the median house sells for around $825K, on a gross rental yield of 2.3% for houses. At 6.1% 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 2.3% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.1% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Gobur: people, income and schools

Gobur has a resident population of roughly 102, a number that has held fairly steady over five years. At a median age of 58, it reads as an older, established demographic, and 89% 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 $67,000 a year (about $1,280 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.4 times local household income, so affordability is a genuine constraint on local buyers.

Population
102
+2% over 5yr
Median age
58 years
Median household income
$67,000/yr
Households renting
11%
Family households
76%
Socio-economic rank
7/10
ABS advantage index
Unemployment
5.8%

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

Properties in Gobur

No properties currently listed in Gobur

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Frequently asked questions about Gobur

What should I check before investing in Gobur?

Gobur 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 Gobur?

The median property price in Gobur, VIC 3719 is $825K for houses and $380K for units.

What rental yield does Gobur show?

The gross rental yield in Gobur is 2.3% 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.

How tight is the rental market in Gobur?

The current vacancy rate in Gobur is 6.1%. 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 Gobur?

Gobur has a population of approximately 102 residents, with a median age of 58.

Is Gobur affordable to buy in?

A median house in Gobur costs about 12.4 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 Gobur's population growing?

The population of Gobur has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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