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Halls Gap, VIC 3381
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$635,000
list-price estimate
Median Unit
$445,000
Gross Yield (houses)
3.6%
1yr Growth (houses)
+2.8%
market range -10.0% to +17.5%
Investment snapshot for Halls Gap
Halls Gap has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Halls Gap market and investor summary
In Halls Gap, VIC 3381, houses show a gross rental yield of 3.6%. House prices have moved +2.8% over the past year. At 1.1% 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 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 313 days on market, so plan for a slower exit if you ever need one.
Living in Halls Gap: people, income and schools
About 495 people live in Halls Gap, a number that has held fairly steady over five years. At a median age of 44, it reads as skewed a little older, and families account for 57% of households.
The typical household income runs to around $62,000 a year (about $1,200 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 35% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 18 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 495
- +1% over 5yr
- Median age
- 44 years
- Median household income
- $62,000/yr
- Households renting
- 33%
- Family households
- 57%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 924
- Unemployment
- 1.8%
- Walk score
- 18/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Halls Gap
No properties currently listed in Halls Gap
Search Halls Gap listings →Frequently asked questions about Halls Gap
What should I check before investing in Halls Gap?
Halls Gap has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.4% gives a usable rent-to-price starting point. Tight rental market (1.1% 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 Halls Gap?
The median property price in Halls Gap, VIC 3381 is $445K for units.
What rental yield does Halls Gap show?
The gross rental yield in Halls Gap is 3.6% for houses and 4.4% 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 Halls Gap?
House prices in Halls Gap are up 2.8% 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 Halls Gap?
The current vacancy rate in Halls Gap is 1.1%. 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 Halls Gap?
Halls Gap has a population of approximately 495 residents, with a median age of 44.
What schools are near Halls Gap?
There are 1 school within roughly 5km of Halls Gap. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Halls Gap's population growing?
The population of Halls Gap has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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