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Rushworth, VIC 3612

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$370,000

market range $300K-$425K

Median Unit

$310,000

Gross Yield (houses)

5.3%

1yr Growth (houses)

+5.8%

market range +2.5% to +10.0%

Investment snapshot for Rushworth

Rushworth has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Rushworth market and investor summary

Rushworth (VIC 3612) runs a median house price of $370K, with houses yielding a gross 5.3%. House prices have moved +5.8% over the past year and -8.0% over three years. At 1.8% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.3% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.8% and a resident base that is not shrinking. Houses also take time to sell, around 84 days on market, so plan for a slower exit if you ever need one.

Living in Rushworth: people, income and schools

Rushworth has a resident population of roughly 1,411, a number that has held fairly steady over five years. The median age is 56, an older, established demographic, 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.

Households here earn a median of about $44,000 a year, or roughly $850 a week. On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). At current prices a median house runs to about 8.4 times local household income, in line with much of metropolitan Australia.

There are 2 schools within about 5km, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 18 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
1,411
+2% over 5yr
Median age
56 years
Median household income
$44,000/yr
Households renting
13%
Family households
56%
Socio-economic rank
1/10
ABS advantage index
Schools within 5km
2
avg ICSEA 905
Unemployment
4.0%
Walk score
18/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Rushworth

No properties currently listed in Rushworth

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Frequently asked questions about Rushworth

What should I check before investing in Rushworth?

Rushworth has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid house gross rental yield of 5.3%, giving a stronger rent-to-price starting point than many suburbs. Capital growth of +5.8% in the past year shows positive 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 Rushworth?

The median property price in Rushworth, VIC 3612 is $370K for houses and $310K for units.

What rental yield does Rushworth show?

The gross rental yield in Rushworth is 5.3% for houses and 3.1% 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 Rushworth?

House prices in Rushworth are up 5.8% over the past year and down 8.0% 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 Rushworth?

The current vacancy rate in Rushworth is 1.8%. 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 Rushworth?

Rushworth has a population of approximately 1,411 residents, with a median age of 56.

What schools are near Rushworth?

There are 2 schools within roughly 5km of Rushworth. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Rushworth affordable to buy in?

A median house in Rushworth costs about 8.4 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 Rushworth's population growing?

The population of Rushworth has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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