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Gordon, VIC 3345
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$855,000
market range $800K-$925K
Median Unit
$720,000
Gross Yield (houses)
3.8%
1yr Growth (houses)
+10.1%
market range +2.5% to +15.0%
Investment snapshot for Gordon
Gordon has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Gordon market and investor summary
Gordon (VIC 3345) runs a median house price of $855K, with houses yielding a gross 3.8%. House prices have moved +10.1% over the past year. At 1.9% 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 3.8% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. Houses also take time to sell, around 98 days on market, so plan for a slower exit if you ever need one.
Living in Gordon: people, income and schools
Gordon is home to around 1,393 people, a number that has held fairly steady over five years. The median age is 43, skewed a little older, 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.
Households here earn a median of about $105,000 a year, or roughly $2,010 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 about 8.2 times local household income, in line with much of metropolitan Australia. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
There are 2 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 80 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 1,393
- +5% over 5yr
- Median age
- 43 years
- Median household income
- $105,000/yr
- Households renting
- 8%
- Family households
- 80%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1038
- Unemployment
- 1.8%
- Distance to CBD
- 80 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Gordon
No properties currently listed in Gordon
Search Gordon listings →Frequently asked questions about Gordon
What should I check before investing in Gordon?
Gordon has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.9% gives a usable rent-to-price starting point. Capital growth of +10.1% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Gordon?
The median property price in Gordon, VIC 3345 is $855K for houses and $720K for units.
What rental yield does Gordon show?
The gross rental yield in Gordon is 3.8% for houses and 4.9% 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 Gordon?
House prices in Gordon are up 10.1% 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 Gordon?
The current vacancy rate in Gordon is 1.9%. 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 Gordon?
Gordon has a population of approximately 1,393 residents, with a median age of 43.
What schools are near Gordon?
There are 2 schools within roughly 5km of Gordon. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Gordon affordable to buy in?
A median house in Gordon costs about 8.2 times the median local household income (broadly in line with metropolitan Australia). 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 Gordon's population growing?
The population of Gordon has grown modestly, about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Gordon from the CBD?
Gordon is about 80 km from the CBD.
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