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Hillcrest, VIC 3351
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$690,000
list-price estimate
Median Unit
$405,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Hillcrest
Hillcrest has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Investment score breakdown
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Hillcrest market and investor summary
Hillcrest sits in VIC, postcode 3351. At 2.8% vacancy, it is a broadly balanced rental market.
Houses also take time to sell, around 97 days on market, so plan for a slower exit if you ever need one.
Living in Hillcrest: people, income and schools
Hillcrest has a resident population of roughly 99, and the area has been growing steadily, up about 9% over five years. The median age is 47, skewed a little older, and 100% 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 $81,000 a year, or roughly $1,560 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 99
- +9% over 5yr
- Median age
- 47 years
- Median household income
- $81,000/yr
- Households renting
- 6%
- Family households
- 75%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 993
- Unemployment
- 3.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Hillcrest
No properties currently listed in Hillcrest
Search Hillcrest listings →Frequently asked questions about Hillcrest
What should I check before investing in Hillcrest?
Hillcrest 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.
How tight is the rental market in Hillcrest?
The current vacancy rate in Hillcrest is 2.8%. 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 Hillcrest?
Hillcrest has a population of approximately 99 residents, with a median age of 47.
What schools are near Hillcrest?
There are 1 school within roughly 5km of Hillcrest. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Hillcrest's population growing?
The population of Hillcrest has grown about 9% 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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