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Outtrim, VIC 3951
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,000,000
market range $975K-$1.4M
Median Unit
$310,000
list-price estimate
Gross Yield (houses)
3.4%
1yr Growth
-
Investment snapshot for Outtrim
Outtrim has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Outtrim market and investor summary
Outtrim (VIC 3951) runs a median house price of $1M, with houses yielding a gross 3.4%. At 3.6% 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 3.4% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 3.6% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 398 days on market, so plan for a slower exit if you ever need one.
Living in Outtrim: people, income and schools
Outtrim has a resident population of roughly 270, a number that has held fairly steady over five years. The median age is 49, 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.
Households here earn a median of about $81,000 a year, or roughly $1,550 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 a steep 12.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 270
- +3% over 5yr
- Median age
- 49 years
- Median household income
- $81,000/yr
- Households renting
- 10%
- Family households
- 80%
- Socio-economic rank
- 7/10
- ABS advantage index
- 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 Outtrim
No properties currently listed in Outtrim
Search Outtrim listings →Frequently asked questions about Outtrim
What should I check before investing in Outtrim?
Outtrim 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 Outtrim?
The median property price in Outtrim, VIC 3951 is $1M for houses.
What rental yield does Outtrim show?
The gross rental yield in Outtrim is 3.4% 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 Outtrim?
The current vacancy rate in Outtrim is 3.6%. 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 Outtrim?
Outtrim has a population of approximately 270 residents, with a median age of 49.
Is Outtrim affordable to buy in?
A median house in Outtrim costs about 12.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Outtrim's population growing?
The population of Outtrim has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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