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Rhymney, VIC 3377
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$420,000
Median Unit
$325,000
Gross Yield (units)
6.9%
1yr Growth
-
Investment snapshot for Rhymney
Rhymney has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Rhymney market and investor summary
Rhymney (VIC 3377) runs a median house price of $420K. At 1.6% vacancy, it is a tight rental market that favours landlords.
Living in Rhymney: people, income and schools
About 56 people live in Rhymney, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and families account for 84% of households.
Households here earn a median of about $64,000 a year, or roughly $1,240 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10). At current prices a median house runs to about 6.5 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.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 56
- -2% over 5yr
- Median age
- 48 years
- Median household income
- $64,000/yr
- Households renting
- 26%
- Family households
- 84%
- Socio-economic rank
- 2/10
- ABS advantage index
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Rhymney
No properties currently listed in Rhymney
Search Rhymney listings →Frequently asked questions about Rhymney
What should I check before investing in Rhymney?
Rhymney has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong unit gross rental yield of 6.9%, before expenses, tax and loan costs. Tight rental market (1.6% 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 Rhymney?
The median property price in Rhymney, VIC 3377 is $420K for houses and $325K for units.
What rental yield does Rhymney show?
The gross rental yield in Rhymney is 6.9% 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 Rhymney?
The current vacancy rate in Rhymney is 1.6%. 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 Rhymney?
Rhymney has a population of approximately 56 residents, with a median age of 48.
Is Rhymney affordable to buy in?
A median house in Rhymney costs about 6.5 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 Rhymney's population growing?
The population of Rhymney has fallen about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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