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Mininera, VIC 3351
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$305,000
Median Unit
$405,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Mininera
Mininera has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mininera market and investor summary
In Mininera, VIC 3351, the median house sells for around $305K. At 6.8% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 6.8% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.
Living in Mininera: people, income and schools
Mininera is home to around 51 people, and the area has been growing steadily, up about 9% over five years. At a median age of 45, it reads as skewed a little older, and 81% 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 $88,000 a year (about $1,680 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to roughly 3.5 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 51
- +9% over 5yr
- Median age
- 45 years
- Median household income
- $88,000/yr
- Households renting
- 19%
- Family households
- 60%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 3.3%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mininera
No properties currently listed in Mininera
Search Mininera listings →Frequently asked questions about Mininera
What should I check before investing in Mininera?
Mininera 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 are typical property prices in Mininera?
The median property price in Mininera, VIC 3351 is $305K for houses.
How tight is the rental market in Mininera?
The current vacancy rate in Mininera 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 Mininera?
Mininera has a population of approximately 51 residents, with a median age of 45.
Is Mininera affordable to buy in?
A median house in Mininera costs about 3.5 times the median local household income (more affordable than most capital-city markets). 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 Mininera's population growing?
The population of Mininera has grown about 9% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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