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Huon Creek, VIC 3691

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

Data updated

Strong Growth

Median House

$775,000

list-price estimate

Median Unit

$390,000

Gross Yield (units)

4.8%

1yr Growth (houses)

+5.8%

market range +2.5% to +20.0%

Investment snapshot for Huon Creek

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

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Huon Creek market and investor summary

Huon Creek sits in VIC, postcode 3691. House prices have moved +5.8% over the past year and +21.6% over three years. At 12.4% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 12.4% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Huon Creek: people, income and schools

About 320 people live in Huon Creek, and the area has been growing steadily, up about 16% over five years. At a median age of 36, it reads as broadly working-age, and 96% 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 $158,000 a year (about $3,040 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.

Families have 7 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
320
+16% over 5yr
Median age
36 years
Median household income
$158,000/yr
Households renting
4%
Family households
96%
Socio-economic rank
8/10
ABS advantage index
Schools within 5km
7
avg ICSEA 1016
Unemployment
2.4%

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

Properties in Huon Creek

No properties currently listed in Huon Creek

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Frequently asked questions about Huon Creek

What should I check before investing in Huon Creek?

Huon Creek has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Capital growth of +5.8% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Huon Creek?

The median property price in Huon Creek, VIC 3691 is $390K for units.

What rental yield does Huon Creek show?

The gross rental yield in Huon Creek is 4.8% 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 Huon Creek?

House prices in Huon Creek are up 5.8% over the past year and up 21.6% over three years. 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 Huon Creek?

The current vacancy rate in Huon Creek is 12.4%. 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 Huon Creek?

Huon Creek has a population of approximately 320 residents, with a median age of 36.

What schools are near Huon Creek?

There are 7 schools within roughly 5km of Huon Creek. 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 Huon Creek's population growing?

The population of Huon Creek has grown about 16% 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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