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Lethbridge, VIC 3332
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$870,000
list-price estimate
Median Unit
$615,000
Gross Yield
-
1yr Growth
-
Investment snapshot for Lethbridge
Lethbridge has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Lethbridge market and investor summary
Lethbridge sits in VIC, postcode 3332. At 1.7% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking.
Living in Lethbridge: people, income and schools
Lethbridge is home to around 1,181 people, and the area has been growing steadily, up about 15% over five years. At a median age of 38, it reads as broadly working-age, and 86% 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 $102,000 a year (about $1,960 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. Lethbridge sits about 75 km from the CBD. It is fairly car-dependent; the suburb scores 1 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 1,181
- +15% over 5yr
- Median age
- 38 years
- Median household income
- $102,000/yr
- Households renting
- 9%
- Family households
- 82%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1008
- Unemployment
- 3.1%
- Distance to CBD
- 75 km
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Lethbridge
View all →Frequently asked questions about Lethbridge
What should I check before investing in Lethbridge?
Lethbridge has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.7% 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 Lethbridge?
The median property price in Lethbridge, VIC 3332 is $615K for units.
How tight is the rental market in Lethbridge?
The current vacancy rate in Lethbridge is 1.7%. 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 Lethbridge?
Lethbridge has a population of approximately 1,181 residents, with a median age of 38.
What schools are near Lethbridge?
There are 1 school within roughly 5km of Lethbridge. 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 Lethbridge's population growing?
The population of Lethbridge has grown about 15% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Lethbridge from the CBD?
Lethbridge is about 75 km from the CBD.
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