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Meredith, VIC 3333

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$985,000

list-price estimate

Median Unit

$195,000

list-price estimate

Gross Yield (houses)

3.7%

1yr Growth (houses)

+2.5%

market range -2.5% to +5.0%

Investment snapshot for Meredith

Meredith has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Meredith market and investor summary

In Meredith, VIC 3333, houses show a gross rental yield of 3.7%. House prices have moved +2.5% over the past year and -13.4% over three years. At 1.6% 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 3.7% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.6% and a resident base that is not shrinking.

Living in Meredith: people, income and schools

Meredith has a resident population of roughly 821, and the area has been growing steadily, up about 15% over five years. The median age is 45, skewed a little older, and 83% 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 $85,000 a year, or roughly $1,640 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.

There is 1 school within about 5km, testing close to the national school average on ICSEA. It is roughly 78 km from the CBD. It is fairly car-dependent; the suburb scores 1 for walkability and 2 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
821
+15% over 5yr
Median age
45 years
Median household income
$85,000/yr
Households renting
14%
Family households
75%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
1
avg ICSEA 996
Unemployment
3.1%
Distance to CBD
78 km
Walk score
1/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Meredith

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Frequently asked questions about Meredith

What should I check before investing in Meredith?

Meredith has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.2%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (1.6% 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 rental yield does Meredith show?

The gross rental yield in Meredith is 3.7% for houses and 5.2% 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 Meredith?

House prices in Meredith are up 2.5% over the past year and down 13.4% 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 Meredith?

The current vacancy rate in Meredith is 1.6%. 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 Meredith?

Meredith has a population of approximately 821 residents, with a median age of 45.

What schools are near Meredith?

There are 1 school within roughly 5km of Meredith. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Meredith's population growing?

The population of Meredith has grown about 15% 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 Meredith from the CBD?

Meredith is about 78 km from the CBD.

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