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Quandong, VIC 3030
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$925,000
Median Unit
$475,000
Gross Yield (houses)
2.9%
1yr Growth
-
Investment snapshot for Quandong
Quandong has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Quandong market and investor summary
In Quandong, VIC 3030, the median house sells for around $925K, on a gross rental yield of 2.9% for houses. At 2.4% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.9% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Quandong: people, income and schools
Quandong is home to around 5 people, and the area has been growing steadily, up about 17% over five years. At a median age of 35, it reads as broadly working-age, and families account for 80% of households.
The typical household income runs to around $107,000 a year (about $2,060 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 8.6 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.
Quandong sits about 40 km from the CBD.
- Population
- 5
- +17% over 5yr
- Median age
- 35 years
- Median household income
- $107,000/yr
- Households renting
- 34%
- Family households
- 80%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 5.5%
- Distance to CBD
- 40 km
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Quandong
View all →Frequently asked questions about Quandong
What should I check before investing in Quandong?
Quandong has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% 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 Quandong?
The median property price in Quandong, VIC 3030 is $925K for houses and $475K for units.
What rental yield does Quandong show?
The gross rental yield in Quandong is 2.9% for houses and 4.3% 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 Quandong?
The current vacancy rate in Quandong is 2.4%. 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 Quandong?
Quandong has a population of approximately 5 residents, with a median age of 35.
Is Quandong affordable to buy in?
A median house in Quandong costs about 8.6 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 Quandong's population growing?
The population of Quandong 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 Quandong from the CBD?
Quandong is about 40 km from the CBD.
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