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Maryknoll, VIC 3812
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,470,000
market range $1.2M-$1.8M
Median Unit
$595,000
Gross Yield (units)
2.3%
1yr Growth (houses)
+6.3%
market range +2.5% to +15.0%
Investment snapshot for Maryknoll
Maryknoll has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Maryknoll market and investor summary
In Maryknoll, VIC 3812, the median house sells for around $1.5M. House prices have moved +6.3% over the past year. At 12.3% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 12.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 82 days on market, so plan for a slower exit if you ever need one.
Living in Maryknoll: people, income and schools
Maryknoll is home to around 646 people, and the area has been growing steadily, up about 7% over five years. At a median age of 39, it reads as broadly working-age, and 91% 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 $122,000 a year (about $2,350 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 12.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
Maryknoll sits about 61 km from the CBD. It is fairly car-dependent; the suburb scores 6 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 646
- +7% over 5yr
- Median age
- 39 years
- Median household income
- $122,000/yr
- Households renting
- 4%
- Family households
- 89%
- Socio-economic rank
- 8/10
- ABS advantage index
- Unemployment
- 3.1%
- Distance to CBD
- 61 km
- Walk score
- 6/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Maryknoll
No properties currently listed in Maryknoll
Search Maryknoll listings →Frequently asked questions about Maryknoll
What should I check before investing in Maryknoll?
Maryknoll has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +6.3% 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 Maryknoll?
The median property price in Maryknoll, VIC 3812 is $1.5M for houses and $595K for units.
What rental yield does Maryknoll show?
The gross rental yield in Maryknoll is 2.3% 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 Maryknoll?
House prices in Maryknoll are up 6.3% 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 Maryknoll?
The current vacancy rate in Maryknoll is 12.3%. 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 Maryknoll?
Maryknoll has a population of approximately 646 residents, with a median age of 39.
Is Maryknoll affordable to buy in?
A median house in Maryknoll costs about 12.0 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Maryknoll's population growing?
The population of Maryknoll has grown about 7% 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 Maryknoll from the CBD?
Maryknoll is about 61 km from the CBD.
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