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Pascoe Vale, VIC 3044
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,155,000
market range $1.1M-$1.2M
Median Unit
$690,000
market range $650K-$725K
Gross Yield (units)
4.2%
1yr Growth (houses)
-0.1%
market range -7.5% to +15.0%
Investment snapshot for Pascoe Vale
Pascoe Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Pascoe Vale market and investor summary
Pascoe Vale (VIC 3044) runs a median house price of $1.2M. House prices have moved -0.1% over the past year. At 2.0% vacancy, it is a broadly balanced rental market.
Living in Pascoe Vale: people, income and schools
Pascoe Vale has a resident population of roughly 18,171, a number that has held fairly steady over five years. The median age is 36, broadly working-age, and families account for 67% of households.
Households here earn a median of about $105,000 a year, or roughly $2,030 a week. On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.0 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.
There are 79 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 9.7 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 59 for walkability and 76 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 18,171
- +3% over 5yr
- Median age
- 36 years
- Median household income
- $105,000/yr
- Households renting
- 35%
- Family households
- 67%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 79
- avg ICSEA 1082
- Unemployment
- 3.0%
- Distance to CBD
- 9.7 km
- Walk score
- 59/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Pascoe Vale
View all →Frequently asked questions about Pascoe Vale
What should I check before investing in Pascoe Vale?
Pascoe Vale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.2% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Pascoe Vale?
The median property price in Pascoe Vale, VIC 3044 is $1.2M for houses and $690K for units.
What rental yield does Pascoe Vale show?
The gross rental yield in Pascoe Vale is 4.2% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Pascoe Vale?
House prices in Pascoe Vale are down 0.1% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Pascoe Vale?
The current vacancy rate in Pascoe Vale is 2.0%. 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 Pascoe Vale?
Pascoe Vale has a population of approximately 18,171 residents, with a median age of 36.
What schools are near Pascoe Vale?
There are 79 schools within roughly 5km of Pascoe Vale. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Pascoe Vale affordable to buy in?
A median house in Pascoe Vale costs about 11.0 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 Pascoe Vale's population growing?
The population of Pascoe Vale has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Pascoe Vale from the CBD?
Pascoe Vale is about 9.7 km from the CBD.
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