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Maindample, VIC 3723
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
$450,000
Gross Yield (houses)
2.2%
1yr Growth (houses)
-11.2%
market range -17.5% to +5.0%
Investment snapshot for Maindample
Maindample has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Maindample market and investor summary
In Maindample, VIC 3723, houses show a gross rental yield of 2.2%. House prices have moved -11.2% over the past year. At 8.5% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.2% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 8.5% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Maindample: people, income and schools
About 239 people live in Maindample, and the area has been growing steadily, up about 12% over five years. At a median age of 43, it reads as skewed a little older, and 80% 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 $75,000 a year (about $1,440 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 239
- +12% over 5yr
- Median age
- 43 years
- Median household income
- $75,000/yr
- Households renting
- 8%
- Family households
- 80%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 2.8%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Maindample
No properties currently listed in Maindample
Search Maindample listings →Frequently asked questions about Maindample
What should I check before investing in Maindample?
Maindample has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 9.3%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Maindample?
The median property price in Maindample, VIC 3723 is $450K for units.
What rental yield does Maindample show?
The gross rental yield in Maindample is 2.2% for houses and 9.3% 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 Maindample?
House prices in Maindample are down 11.2% over the past year. 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 Maindample?
The current vacancy rate in Maindample is 8.5%. 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 Maindample?
Maindample has a population of approximately 239 residents, with a median age of 43.
Is Maindample's population growing?
The population of Maindample 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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