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Mount Rowan, VIC 3352
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$745,000
list-price estimate
Median Unit
$555,000
list-price estimate
Gross Yield (houses)
3.4%
1yr Growth (houses)
-1.5%
market range -7.5% to +0.0%
Investment snapshot for Mount Rowan
Mount Rowan has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mount Rowan market and investor summary
In Mount Rowan, VIC 3352, houses show a gross rental yield of 3.4%. House prices have moved -1.5% over the past year. At 1.7% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking. Houses also take time to sell, around 71 days on market, so plan for a slower exit if you ever need one.
Living in Mount Rowan: people, income and schools
Mount Rowan has a resident population of roughly 295, and the area has been growing steadily, up about 12% over five years. At a median age of 43, it reads as 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.
The typical household income runs to around $79,000 a year (about $1,530 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.
Families have 14 schools within roughly 5km to choose from, testing below the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 295
- +12% over 5yr
- Median age
- 43 years
- Median household income
- $79,000/yr
- Households renting
- 9%
- Family households
- 78%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 14
- avg ICSEA 938
- Unemployment
- 4.2%
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 Rowan
View all →Frequently asked questions about Mount Rowan
What should I check before investing in Mount Rowan?
Mount Rowan has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.7% 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 rental yield does Mount Rowan show?
The gross rental yield in Mount Rowan is 3.4% for houses. 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 Rowan?
House prices in Mount Rowan are down 1.5% over the past year. 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 Rowan?
The current vacancy rate in Mount Rowan is 1.7%. 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 Rowan?
Mount Rowan has a population of approximately 295 residents, with a median age of 43.
What schools are near Mount Rowan?
There are 14 schools within roughly 5km of Mount Rowan. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Mount Rowan's population growing?
The population of Mount Rowan 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.
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