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Mount Cottrell, VIC 3024
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$760,000
market range $725K-$800K
Median Unit
$580,000
Gross Yield (houses)
3.5%
1yr Growth (houses)
-3.0%
market range -10.0% to +32.5%
Investment snapshot for Mount Cottrell
Mount Cottrell has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mount Cottrell market and investor summary
In Mount Cottrell, VIC 3024, the median house sells for around $760K, on a gross rental yield of 3.5% for houses. House prices have moved -3.0% over the past year and +26.7% over three years. At 0.7% 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 3.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.7% and a resident base that is not shrinking. Houses also take time to sell, around 72 days on market, so plan for a slower exit if you ever need one.
Living in Mount Cottrell: people, income and schools
Mount Cottrell has a resident population of roughly 496, and the area has been growing steadily, up about 30% over five years. At a median age of 41, it reads as skewed a little older, and 79% 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 $80,000 a year (about $1,540 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 a steep 9.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 31% over five years, which tends to underpin what local buyers can pay.
Mount Cottrell sits about 30 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 496
- +30% over 5yr
- Median age
- 41 years
- Median household income
- $80,000/yr
- Households renting
- 21%
- Family households
- 52%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 7.6%
- Distance to CBD
- 30 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mount Cottrell
View all →Frequently asked questions about Mount Cottrell
What should I check before investing in Mount Cottrell?
Mount Cottrell has enough public data for first-pass screening across yield, vacancy, price and supply signals. 3-year capital growth of +26.7% shows sustained momentum, not just a single-year spike. Tight rental market (0.7% 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 Mount Cottrell?
The median property price in Mount Cottrell, VIC 3024 is $760K for houses and $580K for units.
What rental yield does Mount Cottrell show?
The gross rental yield in Mount Cottrell is 3.5% for houses and 3.2% 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 Mount Cottrell?
House prices in Mount Cottrell are down 3.0% over the past year and up 26.7% 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 Mount Cottrell?
The current vacancy rate in Mount Cottrell is 0.7%. 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 Mount Cottrell?
Mount Cottrell has a population of approximately 496 residents, with a median age of 41.
Is Mount Cottrell affordable to buy in?
A median house in Mount Cottrell costs about 9.5 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 Mount Cottrell's population growing?
The population of Mount Cottrell has grown about 30% 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 Mount Cottrell from the CBD?
Mount Cottrell is about 30 km from the CBD.
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