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Harmers Haven, VIC 3995
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,030,000
market range $725K-$1.3M
Median Unit
$445,000
list-price estimate
Gross Yield (houses)
1.3%
1yr Growth
-
Investment snapshot for Harmers Haven
Harmers Haven has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Harmers Haven market and investor summary
Harmers Haven (VIC 3995) runs a median house price of $1.0M, with houses yielding a gross 1.3%. At 1.3% 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 1.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking. Houses also take time to sell, around 249 days on market, so plan for a slower exit if you ever need one.
Living in Harmers Haven: people, income and schools
About 62 people live in Harmers Haven, and the area has been growing steadily, up about 14% over five years. The median age is 59, an older, established demographic, and 77% 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 $62,000 a year, or roughly $1,190 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to a steep 16.7 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 35% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 62
- +14% over 5yr
- Median age
- 59 years
- Median household income
- $62,000/yr
- Households renting
- 23%
- Family households
- 73%
- 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 Harmers Haven
No properties currently listed in Harmers Haven
Search Harmers Haven listings →Frequently asked questions about Harmers Haven
What should I check before investing in Harmers Haven?
Harmers Haven has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.3% 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 Harmers Haven?
The median property price in Harmers Haven, VIC 3995 is $1.0M for houses.
What rental yield does Harmers Haven show?
The gross rental yield in Harmers Haven is 1.3% 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 Harmers Haven?
The current vacancy rate in Harmers Haven is 1.3%. 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 Harmers Haven?
Harmers Haven has a population of approximately 62 residents, with a median age of 59.
Is Harmers Haven affordable to buy in?
A median house in Harmers Haven costs about 16.7 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 Harmers Haven's population growing?
The population of Harmers Haven has grown about 14% 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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