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Patyah, VIC 3318

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$365,000

Median Unit

$375,000

Gross Yield (houses)

4.9%

1yr Growth

-

Investment snapshot for Patyah

Patyah has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Patyah market and investor summary

Patyah (VIC 3318) runs a median house price of $365K, with houses yielding a gross 4.9%. At 0.5% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.9% is neither a standout cashflow play nor a pure growth bet.

Living in Patyah: people, income and schools

About 58 people live in Patyah, a count that has slipped about 5% over five years. The median age is 55, an older, established demographic, 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.

Households here earn a median of about $53,000 a year, or roughly $1,010 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 about 6.9 times local household income, in line with much of metropolitan Australia. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.

Population
58
-5% over 5yr
Median age
55 years
Median household income
$53,000/yr
Households renting
20%
Family households
49%
Socio-economic rank
4/10
ABS advantage index
Unemployment
1.3%

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Patyah

No properties currently listed in Patyah

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Frequently asked questions about Patyah

What should I check before investing in Patyah?

Patyah has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.9% gives a usable rent-to-price starting point. Tight rental market (0.5% 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 Patyah?

The median property price in Patyah, VIC 3318 is $365K for houses and $375K for units.

What rental yield does Patyah show?

The gross rental yield in Patyah is 4.9% for houses and 3.0% for units. 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 Patyah?

The current vacancy rate in Patyah is 0.5%. 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 Patyah?

Patyah has a population of approximately 58 residents, with a median age of 55.

Is Patyah affordable to buy in?

A median house in Patyah costs about 6.9 times the median local household income (broadly in line with metropolitan Australia). 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 Patyah's population growing?

The population of Patyah has fallen about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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