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Nutfield, VIC 3099

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

Data updated

Tight Rental MarketStrong Growth

Median House

$1,650,000

list-price estimate

Median Unit

$805,000

list-price estimate

Gross Yield (houses)

1.9%

1yr Growth (houses)

+5.7%

estimate

Investment snapshot for Nutfield

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

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Nutfield market and investor summary

In Nutfield, VIC 3099, houses show a gross rental yield of 1.9%. House prices have moved +5.7% over the past year. At 1.2% 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 1.9% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 70 days on market, so plan for a slower exit if you ever need one.

Living in Nutfield: people, income and schools

Nutfield has a resident population of roughly 158, a count that has slipped about 3% over five years. The median age is 43, skewed a little older, and 89% 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 $100,000 a year, or roughly $1,920 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

There are 7 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 31 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
158
-3% over 5yr
Median age
43 years
Median household income
$100,000/yr
Households renting
6%
Family households
92%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
7
avg ICSEA 1048
Unemployment
4.2%
Distance to CBD
31 km

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Nutfield

No properties currently listed in Nutfield

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Frequently asked questions about Nutfield

What should I check before investing in Nutfield?

Nutfield has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +5.7% in the past year shows positive recent price momentum. Tight rental market (1.2% 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 Nutfield show?

The gross rental yield in Nutfield is 1.9% 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 Nutfield?

House prices in Nutfield are up 5.7% 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 Nutfield?

The current vacancy rate in Nutfield is 1.2%. 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 Nutfield?

Nutfield has a population of approximately 158 residents, with a median age of 43.

What schools are near Nutfield?

There are 7 schools within roughly 5km of Nutfield. 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 Nutfield's population growing?

The population of Nutfield has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Nutfield from the CBD?

Nutfield is about 31 km from the CBD.

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