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Orford, VIC 3284
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$580,000
Median Unit
$1,130,000
Gross Yield (houses)
6.6%
1yr Growth
-
Investment snapshot for Orford
Orford has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Orford market and investor summary
In Orford, VIC 3284, the median house sells for around $580K, on a gross rental yield of 6.6% for houses. At 0.9% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 6.6% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking. Apartment stock is taking longer than usual to clear, a sign of softer demand at the unit end of the market.
Living in Orford: people, income and schools
About 115 people live in Orford, a number that has held fairly steady over five years. At a median age of 42, it reads as skewed a little older, and 88% 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 $98,000 a year (about $1,880 a week). On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to roughly 5.9 times local household income, leaving more headroom than most capital-city markets. Locally, around 41% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
- Population
- 115
- +4% over 5yr
- Median age
- 42 years
- Median household income
- $98,000/yr
- Households renting
- 7%
- Family households
- 81%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 1.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Orford
No properties currently listed in Orford
Search Orford listings →Frequently asked questions about Orford
What should I check before investing in Orford?
Orford has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 6.6%, before expenses, tax and loan costs. Tight rental market (0.9% 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 Orford?
The median property price in Orford, VIC 3284 is $580K for houses and $1.1M for units.
What rental yield does Orford show?
The gross rental yield in Orford is 6.6% for houses and 2.2% 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 Orford?
The current vacancy rate in Orford is 0.9%. 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 Orford?
Orford has a population of approximately 115 residents, with a median age of 42.
Is Orford affordable to buy in?
A median house in Orford costs about 5.9 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 Orford's population growing?
The population of Orford has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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