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Mepunga West, VIC 3277
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$795,000
list-price estimate
Median Unit
$935,000
Gross Yield (units)
2.6%
1yr Growth
-
Investment snapshot for Mepunga West
Mepunga West has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mepunga West market and investor summary
Mepunga West sits in VIC, postcode 3277. 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. Houses also take time to sell, around 137 days on market, so plan for a slower exit if you ever need one.
Living in Mepunga West: people, income and schools
Mepunga West is home to around 83 people, a number that has held fairly steady over five years. At a median age of 30, it reads as younger than the national median, and 70% of homes are owner-occupied.
The typical household income runs to around $123,000 a year (about $2,370 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 16% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 83
- +2% over 5yr
- Median age
- 30 years
- Median household income
- $123,000/yr
- Households renting
- 30%
- Family households
- 81%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 2.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mepunga West
No properties currently listed in Mepunga West
Search Mepunga West listings →Frequently asked questions about Mepunga West
What should I check before investing in Mepunga West?
Mepunga West 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 Mepunga West?
The median property price in Mepunga West, VIC 3277 is $935K for units.
What rental yield does Mepunga West show?
The gross rental yield in Mepunga West is 2.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Mepunga West?
The current vacancy rate in Mepunga West 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 Mepunga West?
Mepunga West has a population of approximately 83 residents, with a median age of 30.
Is Mepunga West's population growing?
The population of Mepunga West 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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