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Port Welshpool, VIC 3965
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$610,000
list-price estimate
Median Unit
$500,000
Gross Yield (houses)
5.0%
1yr Growth
-
Investment snapshot for Port Welshpool
Port Welshpool has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Port Welshpool market and investor summary
In Port Welshpool, VIC 3965, houses show a gross rental yield of 5.0%. At 24.9% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.0% does more of the early heavy lifting than capital growth usually would at this price point. Demand is softer at 24.9% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 172 days on market, so plan for a slower exit if you ever need one.
Living in Port Welshpool: people, income and schools
Port Welshpool is home to around 220 people. At a median age of 62, it reads as an older, established demographic, and 84% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $47,000 a year (about $910 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).
There is 1 school within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 220
- Median age
- 62 years
- Median household income
- $47,000/yr
- Households renting
- 12%
- Family households
- 59%
- Socio-economic rank
- 2/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 959
- Unemployment
- 3.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Port Welshpool
No properties currently listed in Port Welshpool
Search Port Welshpool listings →Frequently asked questions about Port Welshpool
What should I check before investing in Port Welshpool?
Port Welshpool has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.0%, giving a stronger rent-to-price starting point than many suburbs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Port Welshpool?
The median property price in Port Welshpool, VIC 3965 is $500K for units.
What rental yield does Port Welshpool show?
The gross rental yield in Port Welshpool is 5.0% for houses and 2.4% 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 Port Welshpool?
The current vacancy rate in Port Welshpool is 24.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Port Welshpool?
Port Welshpool has a population of approximately 220 residents, with a median age of 62.
What schools are near Port Welshpool?
There are 1 school within roughly 5km of Port Welshpool. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
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