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Gower, VIC 3463
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$965,000
market range $475K-$1M
Median Unit
$380,000
list-price estimate
Gross Yield (houses)
3.2%
1yr Growth
-
Investment snapshot for Gower
Gower has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Gower market and investor summary
Gower (VIC 3463) runs a median house price of $965K, with houses yielding a gross 3.2%. At 2.0% vacancy, it is a broadly balanced rental market.
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. Houses also take time to sell, around 238 days on market, so plan for a slower exit if you ever need one.
Living in Gower: people, income and schools
Gower has a resident population of roughly 45, and the area has been growing steadily, up about 7% over five years. The median age is 51, 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.
Households here earn a median of about $98,000 a year, or roughly $1,880 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 9.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 45
- +7% over 5yr
- Median age
- 51 years
- Median household income
- $98,000/yr
- Households renting
- 9%
- Family households
- 84%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1067
- Unemployment
- 2.9%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Gower
No properties currently listed in Gower
Search Gower listings →Frequently asked questions about Gower
What should I check before investing in Gower?
Gower 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 Gower?
The median property price in Gower, VIC 3463 is $965K for houses.
What rental yield does Gower show?
The gross rental yield in Gower is 3.2% 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 Gower?
The current vacancy rate in Gower is 2.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Gower?
Gower has a population of approximately 45 residents, with a median age of 51.
What schools are near Gower?
There are 1 school within roughly 5km of Gower. 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 Gower affordable to buy in?
A median house in Gower costs about 9.9 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 Gower's population growing?
The population of Gower has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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