Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Gorae West, VIC 3305
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$705,000
list-price estimate
Median Unit
$345,000
Gross Yield (houses)
3.2%
1yr Growth
-
Investment snapshot for Gorae West
Gorae West has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Gorae West verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Gorae West - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Gorae West market and investor summary
In Gorae West, VIC 3305, houses show a gross rental yield of 3.2%. At 1.0% 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 3.2% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Gorae West: people, income and schools
About 237 people live in Gorae West, a number that has held fairly steady over five years. The median age is 47, skewed a little older, and 74% 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 $92,000 a year, or roughly $1,780 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).
- Population
- 237
- -1% over 5yr
- Median age
- 47 years
- Median household income
- $92,000/yr
- Households renting
- 19%
- Family households
- 69%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 3.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Gorae West
No properties currently listed in Gorae West
Search Gorae West listings →Frequently asked questions about Gorae West
What should I check before investing in Gorae West?
Gorae West has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 8.8%, before expenses, tax and loan costs. Tight rental market (1.0% 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 Gorae West?
The median property price in Gorae West, VIC 3305 is $345K for units.
What rental yield does Gorae West show?
The gross rental yield in Gorae West is 3.2% for houses and 8.8% 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 Gorae West?
The current vacancy rate in Gorae West is 1.0%. 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 Gorae West?
Gorae West has a population of approximately 237 residents, with a median age of 47.
Is Gorae West's population growing?
The population of Gorae West has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API