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Minhamite, VIC 3287
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$500,000
list-price estimate
Median Unit
$155,000
list-price estimate
Gross Yield (houses)
3.6%
1yr Growth
-
Investment snapshot for Minhamite
Minhamite has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Minhamite market and investor summary
In Minhamite, VIC 3287, houses show a gross rental yield of 3.6%. At 6.8% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 6.8% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Minhamite: people, income and schools
Minhamite is home to around 106 people, a number that has held fairly steady over five years. The median age is 34, broadly working-age, and 71% of homes are owner-occupied.
Households here earn a median of about $97,000 a year, or roughly $1,860 a week. On socio-economic measures it ranks comfortably above the national middle (7 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
- 106
- +4% over 5yr
- Median age
- 34 years
- Median household income
- $97,000/yr
- Households renting
- 29%
- Family households
- 60%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 1.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Minhamite
No properties currently listed in Minhamite
Search Minhamite listings →Frequently asked questions about Minhamite
What should I check before investing in Minhamite?
Minhamite 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.
What rental yield does Minhamite show?
The gross rental yield in Minhamite is 3.6% for houses. 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 Minhamite?
The current vacancy rate in Minhamite is 6.8%. 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 Minhamite?
Minhamite has a population of approximately 106 residents, with a median age of 34.
Is Minhamite's population growing?
The population of Minhamite has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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