Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.
Take the 2-min quiz12,000+ suburbs | 110k+ live listings | refreshed daily
Sign up free to save this suburb, build a shortlist, and compare against 12,000+ Australian suburbs.
See a sample suburb report before signing up or paying. | Take the 30-second product tour
Rowville, VIC 3178
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,195,000
market range $1.1M-$1.3M
Median Unit
$760,000
market range $675K-$800K
Gross Yield (units)
4.5%
1yr Growth (houses)
+8.0%
market range -5.0% to +12.5%
Investment snapshot for Rowville
Rowville has enough public data for first-pass screening across yield, vacancy, price and supply signals.
Read the full Rowville verdict
Pros, risks, supporting metrics, investment score and cashflow. Included with Pro access.
Short-term access. No subscription. See all plans
See sample analysis before paying.
Investment score breakdown
See exactly which signals drive Rowville - yield, growth, affordability, vacancy, livability, safety, and demographics.
Access from $20. Cancel anytime. See all plans
Secure checkout by Stripe. Cancel anytime.
Rowville market and investor summary
In Rowville, VIC 3178, the median house sells for around $1.2M. House prices have moved +8.0% over the past year and +9.5% over three years. At 1.6% vacancy, it is a tight rental market that favours landlords.
Living in Rowville: people, income and schools
Rowville has a resident population of roughly 33,571, a number that has held fairly steady over five years. At a median age of 41, it reads as skewed a little older, and 81% 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 $115,000 a year (about $2,210 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 10.4 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
Families have 23 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Rowville sits about 28 km from the CBD. It is fairly car-dependent; the suburb scores 48 for walkability and 20 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 33,571
- -1% over 5yr
- Median age
- 41 years
- Median household income
- $115,000/yr
- Households renting
- 15%
- Family households
- 83%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 23
- avg ICSEA 1041
- Unemployment
- 3.2%
- Distance to CBD
- 28 km
- Walk score
- 48/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Rowville
View all →Frequently asked questions about Rowville
What should I check before investing in Rowville?
Rowville 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 +8.0% in the past year shows strong 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 Rowville?
The median property price in Rowville, VIC 3178 is $1.2M for houses and $760K for units.
What rental yield does Rowville show?
The gross rental yield in Rowville 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 Rowville?
House prices in Rowville are up 8.0% over the past year and up 9.5% over three years. 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 Rowville?
The current vacancy rate in Rowville 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 Rowville?
Rowville has a population of approximately 33,571 residents, with a median age of 41.
What schools are near Rowville?
There are 23 schools within roughly 5km of Rowville. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Rowville affordable to buy in?
A median house in Rowville costs about 10.4 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Rowville's population growing?
The population of Rowville has fallen about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Rowville from the CBD?
Rowville is about 28 km from the CBD.
Keep researching with PropRadar
Free tools for the rest of your investment decision, no card required.
Beyond each listing
PropRadar works across your whole search: shortlists and portfolios start free, while heavier discovery, export and advisory workflows are available on paid tiers.
Portfolio tracking
Track owned properties with portfolio value, LVR, yield, cashflow and allocation rolled up in one place.
Open portfolioWatchlists and saved searches
Shortlist up to 5 properties and suburbs for free. Essentials raises the limits and adds saved search alerts.
Open watchlistDeal Finder
A live Pro browser for undervalued listings with solid yield, ranked so thin price gaps stay out of the list.
Open Deal FinderMarket Finder
Shortlist suburbs by yield, growth, vacancy, active inventory and sales depth before you inspect individual listings.
Open Market FinderStrategy tools
Hold vs Sell, Stress Tester, Strategy Recommender and Portfolio Rebalancer for decisions across several properties.
Open toolsBuilding a product on property data? Explore the PropRadar API