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Marlo, VIC 3888
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$590,000
market range $550K-$725K
Median Unit
$230,000
list-price estimate
Gross Yield (houses)
4.1%
1yr Growth (houses)
+7.4%
market range -12.5% to +15.0%
Investment snapshot for Marlo
Marlo has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Marlo market and investor summary
Marlo (VIC 3888) runs a median house price of $590K, with houses yielding a gross 4.1%. House prices have moved +7.4% over the past year and +14.3% over three years. At 0.8% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.1% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking. Houses also take time to sell, around 114 days on market, so plan for a slower exit if you ever need one.
Living in Marlo: people, income and schools
Marlo has a resident population of roughly 602, a number that has held fairly steady over five years. The median age is 56, an older, established demographic, and 82% 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 $72,000 a year, or roughly $1,380 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to about 8.2 times local household income, in line with much of metropolitan Australia. Locally, around 40% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
There is 1 school within about 5km, testing a little above the national school average on ICSEA.
- Population
- 602
- +2% over 5yr
- Median age
- 56 years
- Median household income
- $72,000/yr
- Households renting
- 17%
- Family households
- 65%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1062
- Unemployment
- 6.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Marlo
No properties currently listed in Marlo
Search Marlo listings →Frequently asked questions about Marlo
What should I check before investing in Marlo?
Marlo has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.1% gives a usable rent-to-price starting point. Capital growth of +7.4% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Marlo?
The median property price in Marlo, VIC 3888 is $590K for houses.
What rental yield does Marlo show?
The gross rental yield in Marlo is 4.1% for houses. 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 Marlo?
House prices in Marlo are up 7.4% over the past year and up 14.3% over three years. 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 Marlo?
The current vacancy rate in Marlo 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 Marlo?
Marlo has a population of approximately 602 residents, with a median age of 56.
What schools are near Marlo?
There are 1 school within roughly 5km of Marlo. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Marlo affordable to buy in?
A median house in Marlo costs about 8.2 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 Marlo's population growing?
The population of Marlo has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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