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Larpent, VIC 3249
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$925,000
market range $525K-$950K
Median Unit
$170,000
Gross Yield (houses)
2.7%
1yr Growth
-
Investment snapshot for Larpent
Larpent has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Larpent market and investor summary
Larpent (VIC 3249) runs a median house price of $925K, with houses yielding a gross 2.7%. At 0.8% 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 2.7% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking.
Living in Larpent: people, income and schools
About 200 people live in Larpent, a number that has held fairly steady over five years. The median age is 43, skewed a little older, and families account for 76% of households.
Households here earn a median of about $83,000 a year, or roughly $1,590 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 a steep 11.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 200
- +1% over 5yr
- Median age
- 43 years
- Median household income
- $83,000/yr
- Households renting
- 15%
- Family households
- 76%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 1.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Larpent
View all →Frequently asked questions about Larpent
What should I check before investing in Larpent?
Larpent has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 7.2%, before expenses, tax and loan costs. Tight rental market (0.8% 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 Larpent?
The median property price in Larpent, VIC 3249 is $925K for houses and $170K for units.
What rental yield does Larpent show?
The gross rental yield in Larpent is 2.7% for houses and 7.2% 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 Larpent?
The current vacancy rate in Larpent is 0.8%. 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 Larpent?
Larpent has a population of approximately 200 residents, with a median age of 43.
Is Larpent affordable to buy in?
A median house in Larpent costs about 11.2 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 Larpent's population growing?
The population of Larpent has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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