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Nullawarre, VIC 3268
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$295,000
market range $275K-$600K
Median Unit
$425,000
Gross Yield (units)
3.4%
1yr Growth
-
Investment snapshot for Nullawarre
Nullawarre has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Nullawarre market and investor summary
Nullawarre (VIC 3268) runs a median house price of $295K. At 2.8% vacancy, it is a broadly balanced rental market.
Houses also take time to sell, around 85 days on market, so plan for a slower exit if you ever need one.
Living in Nullawarre: people, income and schools
About 233 people live in Nullawarre, a number that has held fairly steady over five years. The median age is 37, broadly working-age, and families account for 73% of households.
Households here earn a median of about $88,000 a year, or roughly $1,690 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to roughly 3.4 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 2 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 233
- -1% over 5yr
- Median age
- 37 years
- Median household income
- $88,000/yr
- Households renting
- 18%
- Family households
- 73%
- Socio-economic rank
- 6/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 981
- Unemployment
- 1.4%
- Walk score
- 2/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Nullawarre
No properties currently listed in Nullawarre
Search Nullawarre listings →Frequently asked questions about Nullawarre
What should I check before investing in Nullawarre?
Nullawarre 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 Nullawarre?
The median property price in Nullawarre, VIC 3268 is $295K for houses and $425K for units.
What rental yield does Nullawarre show?
The gross rental yield in Nullawarre is 3.4% 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 Nullawarre?
The current vacancy rate in Nullawarre is 2.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Nullawarre?
Nullawarre has a population of approximately 233 residents, with a median age of 37.
What schools are near Nullawarre?
There are 1 school within roughly 5km of Nullawarre. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Nullawarre affordable to buy in?
A median house in Nullawarre costs about 3.4 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 Nullawarre's population growing?
The population of Nullawarre has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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