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Markwood, VIC 3678
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,015,000
list-price estimate
Median Unit
$360,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Markwood
Markwood has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Investment score breakdown
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Markwood market and investor summary
Markwood sits in VIC, postcode 3678. At 3.1% vacancy, it is a softer rental market with more choice for tenants.
Houses also take time to sell, around 70 days on market, so plan for a slower exit if you ever need one.
Living in Markwood: people, income and schools
About 230 people live in Markwood, a number that has held fairly steady over five years. The median age is 55, an older, established demographic, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $70,000 a year, or roughly $1,340 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.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 230
- +3% over 5yr
- Median age
- 55 years
- Median household income
- $70,000/yr
- Households renting
- 10%
- Family households
- 71%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 3.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Markwood
No properties currently listed in Markwood
Search Markwood listings →Frequently asked questions about Markwood
What should I check before investing in Markwood?
Markwood has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
How tight is the rental market in Markwood?
The current vacancy rate in Markwood is 3.1%. 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 Markwood?
Markwood has a population of approximately 230 residents, with a median age of 55.
Is Markwood's population growing?
The population of Markwood has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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