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Paschendale, VIC 3315
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$330,000
Median Unit
$145,000
list-price estimate
Gross Yield (houses)
6.8%
1yr Growth
-
Investment snapshot for Paschendale
Paschendale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Paschendale market and investor summary
Paschendale (VIC 3315) runs a median house price of $330K, with houses yielding a gross 6.8%. At 1.6% 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 6.8% does more of the early heavy lifting than capital growth usually would at this price point. Houses also take time to sell, around 68 days on market, so plan for a slower exit if you ever need one.
Living in Paschendale: people, income and schools
Paschendale is home to around 33 people, a number that has held fairly steady over five years. The median age is 51, an older, established demographic, and 71% of homes are owner-occupied.
Households here earn a median of about $56,000 a year, or roughly $1,070 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to roughly 5.9 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 28% over five years, which tends to underpin what local buyers can pay.
- Population
- 33
- -0% over 5yr
- Median age
- 51 years
- Median household income
- $56,000/yr
- Households renting
- 29%
- Family households
- 61%
- Socio-economic rank
- 4/10
- ABS advantage index
- Unemployment
- 2.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Paschendale
No properties currently listed in Paschendale
Search Paschendale listings →Frequently asked questions about Paschendale
What should I check before investing in Paschendale?
Paschendale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 6.8%, before expenses, tax and loan costs. Tight rental market (1.6% 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 Paschendale?
The median property price in Paschendale, VIC 3315 is $330K for houses.
What rental yield does Paschendale show?
The gross rental yield in Paschendale is 6.8% 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 Paschendale?
The current vacancy rate in Paschendale is 1.6%. 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 Paschendale?
Paschendale has a population of approximately 33 residents, with a median age of 51.
Is Paschendale affordable to buy in?
A median house in Paschendale 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 Paschendale's population growing?
The population of Paschendale 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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