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Nurran, VIC 3888
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$715,000
Median Unit
$230,000
list-price estimate
Gross Yield (houses)
3.3%
1yr Growth
-
Investment snapshot for Nurran
Nurran has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Nurran market and investor summary
In Nurran, VIC 3888, the median house sells for around $715K, on a gross rental yield of 3.3% for houses. At 1.1% 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 3.3% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.1% and a resident base that is not shrinking. Houses also take time to sell, around 73 days on market, so plan for a slower exit if you ever need one.
Living in Nurran: people, income and schools
About 7 people live in Nurran, a number that has held fairly steady over five years. At a median age of 58, it reads as an older, established demographic, and families account for 59% of households.
On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). Locally, around 40% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
- Population
- 7
- +2% over 5yr
- Median age
- 58 years
- Households renting
- 19%
- Family households
- 59%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 6.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Nurran
No properties currently listed in Nurran
Search Nurran listings →Frequently asked questions about Nurran
What should I check before investing in Nurran?
Nurran has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.1% 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 Nurran?
The median property price in Nurran, VIC 3888 is $715K for houses.
What rental yield does Nurran show?
The gross rental yield in Nurran is 3.3% 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 Nurran?
The current vacancy rate in Nurran is 1.1%. 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 Nurran?
Nurran has a population of approximately 7 residents, with a median age of 58.
Is Nurran's population growing?
The population of Nurran has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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