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Learmonth, VIC 3352

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

Data updated

Tight Rental Market

Median House

$675,000

market range $600K-$775K

Median Unit

$445,000

Gross Yield (units)

4.0%

1yr Growth

-

Investment snapshot for Learmonth

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

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Learmonth market and investor summary

In Learmonth, VIC 3352, the median house sells for around $675K. At 1.9% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.9% and a resident base that is not shrinking. Houses also take time to sell, around 77 days on market, so plan for a slower exit if you ever need one.

Living in Learmonth: people, income and schools

About 396 people live in Learmonth, and the area has been growing steadily, up about 12% over five years. At a median age of 45, it reads as skewed a little older, and 89% 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 $79,000 a year (about $1,520 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 8.5 times local household income, in line with much of metropolitan Australia. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
396
+12% over 5yr
Median age
45 years
Median household income
$79,000/yr
Households renting
12%
Family households
75%
Socio-economic rank
7/10
ABS advantage index
Unemployment
4.2%

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

Properties in Learmonth

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Frequently asked questions about Learmonth

What should I check before investing in Learmonth?

Learmonth has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.0% gives a usable rent-to-price starting point. Tight rental market (1.9% 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 Learmonth?

The median property price in Learmonth, VIC 3352 is $675K for houses and $445K for units.

What rental yield does Learmonth show?

The gross rental yield in Learmonth is 4.0% 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 Learmonth?

The current vacancy rate in Learmonth is 1.9%. 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 Learmonth?

Learmonth has a population of approximately 396 residents, with a median age of 45.

Is Learmonth affordable to buy in?

A median house in Learmonth costs about 8.5 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 Learmonth's population growing?

The population of Learmonth has grown about 12% 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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