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Paaratte, VIC 3268
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$730,000
Median Unit
$325,000
list-price estimate
Gross Yield (houses)
3.2%
1yr Growth
-
Investment snapshot for Paaratte
Paaratte has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Paaratte market and investor summary
In Paaratte, VIC 3268, the median house sells for around $730K, on a gross rental yield of 3.2% for houses. At 2.9% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.2% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 99 days on market, so plan for a slower exit if you ever need one.
Living in Paaratte: people, income and schools
Paaratte is home to around 36 people, a number that has held fairly steady over five years. At a median age of 46, it reads as skewed a little older, and 80% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 36
- -1% over 5yr
- Median age
- 46 years
- Households renting
- 18%
- Family households
- 72%
- Socio-economic rank
- 6/10
- ABS advantage index
- Unemployment
- 1.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Paaratte
No properties currently listed in Paaratte
Search Paaratte listings →Frequently asked questions about Paaratte
What should I check before investing in Paaratte?
Paaratte 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 Paaratte?
The median property price in Paaratte, VIC 3268 is $730K for houses.
What rental yield does Paaratte show?
The gross rental yield in Paaratte is 3.2% 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 Paaratte?
The current vacancy rate in Paaratte is 2.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Paaratte?
Paaratte has a population of approximately 36 residents, with a median age of 46.
Is Paaratte's population growing?
The population of Paaratte has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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