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Musk, VIC 3461
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$925,000
list-price estimate
Median Unit
$1,475,000
Gross Yield (houses)
2.0%
1yr Growth
-
Investment snapshot for Musk
Musk has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Musk market and investor summary
In Musk, VIC 3461, houses show a gross rental yield of 2.0%. At 3.2% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.0% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 365 days on market, so plan for a slower exit if you ever need one.
Living in Musk: people, income and schools
Musk has a resident population of roughly 177, and the area has been growing steadily, up about 6% over five years. The median age is 61, an older, established demographic, and 90% 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 $59,000 a year, or roughly $1,130 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 32% 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. Getting around leans on public transport or a car; the suburb scores 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 177
- +6% over 5yr
- Median age
- 61 years
- Median household income
- $59,000/yr
- Households renting
- 5%
- Family households
- 69%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1047
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Musk
View all →Frequently asked questions about Musk
What should I check before investing in Musk?
Musk 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 Musk?
The median property price in Musk, VIC 3461 is $1.5M for units.
What rental yield does Musk show?
The gross rental yield in Musk is 2.0% 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 Musk?
The current vacancy rate in Musk is 3.2%. 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 Musk?
Musk has a population of approximately 177 residents, with a median age of 61.
What schools are near Musk?
There are 2 schools within roughly 5km of Musk. 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 Musk's population growing?
The population of Musk has grown about 6% 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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