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Mount Egerton, VIC 3352

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

Data updated

Tight Rental Market

Median House

$745,000

list-price estimate

Median Unit

$350,000

Gross Yield (houses)

3.7%

1yr Growth

-

Investment snapshot for Mount Egerton

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

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Mount Egerton market and investor summary

In Mount Egerton, VIC 3352, houses show a gross rental yield of 3.7%. 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. Houses also take time to sell, around 115 days on market, so plan for a slower exit if you ever need one.

Living in Mount Egerton: people, income and schools

About 706 people live in Mount Egerton, and the area has been growing steadily, up about 12% over five years. The median age is 43, skewed a little older, and 92% 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 $95,000 a year, or roughly $1,820 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.

There are 2 schools within about 5km, testing a little above 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 out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
706
+12% over 5yr
Median age
43 years
Median household income
$95,000/yr
Households renting
5%
Family households
74%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
2
avg ICSEA 1038
Unemployment
4.2%
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 Mount Egerton

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Frequently asked questions about Mount Egerton

What should I check before investing in Mount Egerton?

Mount Egerton has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.9% gives a usable rent-to-price starting point. 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 are typical property prices in Mount Egerton?

The median property price in Mount Egerton, VIC 3352 is $350K for units.

What rental yield does Mount Egerton show?

The gross rental yield in Mount Egerton is 3.7% for houses and 4.9% 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 Mount Egerton?

The current vacancy rate in Mount Egerton 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 Mount Egerton?

Mount Egerton has a population of approximately 706 residents, with a median age of 43.

What schools are near Mount Egerton?

There are 2 schools within roughly 5km of Mount Egerton. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Mount Egerton's population growing?

The population of Mount Egerton has grown about 12% 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 Egerton from the CBD?

Mount Egerton is about 78 km from the CBD.

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