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Hotham Heights, VIC 3741

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

Data updated

Tight Rental Market

Median House

$970,000

market range $950K-$1.6M

Median Unit

$195,000

market range $175K-$450K

Gross Yield (units)

3.7%

1yr Growth

-

Investment snapshot for Hotham Heights

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

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Hotham Heights market and investor summary

Hotham Heights (VIC 3741) runs a median house price of $970K. At 0.2% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.2% and a resident base that is not shrinking. Houses also take time to sell, around 128 days on market, so plan for a slower exit if you ever need one.

Living in Hotham Heights: people, income and schools

Hotham Heights is home to around 128 people, a number that has held fairly steady over five years. The median age is 30, younger than the national median.

Households here earn a median of about $110,000 a year, or roughly $2,110 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to about 8.9 times local household income, in line with much of metropolitan Australia. Locally, around 40% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Population
128
+3% over 5yr
Median age
30 years
Median household income
$110,000/yr
Households renting
44%
Family households
41%
Socio-economic rank
6/10
ABS advantage index
Unemployment
2.2%

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

Properties in Hotham Heights

No properties currently listed in Hotham Heights

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Frequently asked questions about Hotham Heights

What should I check before investing in Hotham Heights?

Hotham Heights has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.2% 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 Hotham Heights?

The median property price in Hotham Heights, VIC 3741 is $970K for houses and $195K for units.

What rental yield does Hotham Heights show?

The gross rental yield in Hotham Heights is 3.7% 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 Hotham Heights?

The current vacancy rate in Hotham Heights is 0.2%. 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 Hotham Heights?

Hotham Heights has a population of approximately 128 residents, with a median age of 30.

Is Hotham Heights affordable to buy in?

A median house in Hotham Heights costs about 8.9 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 Hotham Heights's population growing?

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

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