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Point Cook, VIC 3030

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

Data updated

Strong Growth

Median House

$845,000

market range $800K-$925K

Median Unit

$580,000

market range $550K-$625K

Gross Yield (units)

4.5%

1yr Growth (houses)

+6.4%

market range +0.0% to +12.5%

Investment snapshot for Point Cook

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

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Point Cook market and investor summary

Point Cook (VIC 3030) runs a median house price of $845K. House prices have moved +6.4% over the past year. At 2.1% vacancy, it is a broadly balanced rental market.

Living in Point Cook: people, income and schools

Point Cook is home to around 66,781 people, and the area has been growing steadily, up about 17% over five years. The median age is 33, broadly working-age, and families account for 62% of households.

Households here earn a median of about $124,000 a year, or roughly $2,390 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 6.8 times local household income, in line with much of metropolitan Australia. Incomes have risen about 21% over five years, which tends to underpin what local buyers can pay.

There are 19 schools within about 5km, and they test well above the national school average on ICSEA, a draw for education-focused families. It is roughly 22 km from the CBD. It is fairly car-dependent; the suburb scores 44 for walkability and 7 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
66,781
+17% over 5yr
Median age
33 years
Median household income
$124,000/yr
Households renting
31%
Family households
62%
Socio-economic rank
7/10
ABS advantage index
Schools within 5km
19
avg ICSEA 1135
Unemployment
5.5%
Distance to CBD
22 km
Walk score
44/100

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

Properties in Point Cook

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Frequently asked questions about Point Cook

What should I check before investing in Point Cook?

Point Cook has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.5% gives a usable rent-to-price starting point. Capital growth of +6.4% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Point Cook?

The median property price in Point Cook, VIC 3030 is $845K for houses and $580K for units.

What rental yield does Point Cook show?

The gross rental yield in Point Cook is 4.5% 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 Point Cook?

House prices in Point Cook are up 6.4% 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 Point Cook?

The current vacancy rate in Point Cook is 2.1%. 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 Point Cook?

Point Cook has a population of approximately 66,781 residents, with a median age of 33.

What schools are near Point Cook?

There are 19 schools within roughly 5km of Point Cook. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Point Cook affordable to buy in?

A median house in Point Cook costs about 6.8 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 Point Cook's population growing?

The population of Point Cook has grown about 17% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Point Cook from the CBD?

Point Cook is about 22 km from the CBD.

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