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Hillside, VIC 3875

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$715,000

market range $550K-$925K

Median Unit

$575,000

Gross Yield (houses)

2.5%

1yr Growth

-

Investment snapshot for Hillside

Hillside has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Hillside market and investor summary

In Hillside, VIC 3875, the median house sells for around $715K, on a gross rental yield of 2.5% for houses. At 6.9% vacancy, it is a softer rental market with more choice for tenants.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 6.9% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 108 days on market, so plan for a slower exit if you ever need one.

Living in Hillside: people, income and schools

Hillside has a resident population of roughly 290, a number that has held fairly steady over five years. At a median age of 39, it reads as broadly working-age, and 83% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $98,000 a year (about $1,880 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to about 7.3 times local household income, in line with much of metropolitan Australia. Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.

Hillside sits about 24 km from the CBD. It is fairly car-dependent; the suburb scores 38 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
290
+3% over 5yr
Median age
39 years
Median household income
$98,000/yr
Households renting
23%
Family households
78%
Socio-economic rank
3/10
ABS advantage index
Unemployment
5.2%
Distance to CBD
24 km
Walk score
38/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Hillside

No properties currently listed in Hillside

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Frequently asked questions about Hillside

What should I check before investing in Hillside?

Hillside 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 Hillside?

The median property price in Hillside, VIC 3875 is $715K for houses and $575K for units.

What rental yield does Hillside show?

The gross rental yield in Hillside is 2.5% for houses and 3.4% for units. 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 Hillside?

The current vacancy rate in Hillside is 6.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Hillside?

Hillside has a population of approximately 290 residents, with a median age of 39.

Is Hillside affordable to buy in?

A median house in Hillside costs about 7.3 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 Hillside's population growing?

The population of Hillside has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Hillside from the CBD?

Hillside is about 24 km from the CBD.

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