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Pyramid Hill, VIC 3575
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$275,000
market range $250K-$325K
Median Unit
$210,000
Gross Yield (units)
8.6%
1yr Growth (houses)
+1.3%
market range -7.5% to +10.0%
Investment snapshot for Pyramid Hill
Pyramid Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Pyramid Hill market and investor summary
In Pyramid Hill, VIC 3575, the median house sells for around $275K. House prices have moved +1.3% over the past year. At 1.0% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking. Houses also take time to sell, around 108 days on market, so plan for a slower exit if you ever need one.
Living in Pyramid Hill: people, income and schools
About 598 people live in Pyramid Hill, a number that has held fairly steady over five years. At a median age of 46, it reads as skewed a little older, and 70% of homes are owner-occupied.
The typical household income runs to around $50,000 a year (about $960 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to roughly 5.5 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 6 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 598
- +1% over 5yr
- Median age
- 46 years
- Median household income
- $50,000/yr
- Households renting
- 24%
- Family households
- 62%
- Socio-economic rank
- 3/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 979
- Unemployment
- 5.0%
- Walk score
- 6/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Pyramid Hill
No properties currently listed in Pyramid Hill
Search Pyramid Hill listings →Frequently asked questions about Pyramid Hill
What should I check before investing in Pyramid Hill?
Pyramid Hill has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 8.6%, before expenses, tax and loan costs. Tight rental market (1.0% 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 Pyramid Hill?
The median property price in Pyramid Hill, VIC 3575 is $275K for houses and $210K for units.
What rental yield does Pyramid Hill show?
The gross rental yield in Pyramid Hill is 8.6% 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 Pyramid Hill?
House prices in Pyramid Hill are up 1.3% 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 Pyramid Hill?
The current vacancy rate in Pyramid Hill is 1.0%. 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 Pyramid Hill?
Pyramid Hill has a population of approximately 598 residents, with a median age of 46.
What schools are near Pyramid Hill?
There are 2 schools within roughly 5km of Pyramid Hill. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Pyramid Hill affordable to buy in?
A median house in Pyramid Hill costs about 5.5 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 Pyramid Hill's population growing?
The population of Pyramid Hill 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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