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Ovens, VIC 3738
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,130,000
list-price estimate
Median Unit
$805,000
Gross Yield (houses)
3.0%
1yr Growth
-
Investment snapshot for Ovens
Ovens has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Ovens market and investor summary
In Ovens, VIC 3738, houses show a gross rental yield of 3.0%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.0% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 193 days on market, so plan for a slower exit if you ever need one.
Living in Ovens: people, income and schools
About 197 people live in Ovens. The median age is 49, skewed a little older, and 76% 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 $73,000 a year, or roughly $1,410 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 197
- Median age
- 49 years
- Median household income
- $73,000/yr
- Households renting
- 13%
- Family households
- 72%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 3.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Ovens
No properties currently listed in Ovens
Search Ovens listings →Frequently asked questions about Ovens
What should I check before investing in Ovens?
Ovens 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 Ovens?
The median property price in Ovens, VIC 3738 is $805K for units.
What rental yield does Ovens show?
The gross rental yield in Ovens is 3.0% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How many people live in Ovens?
Ovens has a population of approximately 197 residents, with a median age of 49.
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