Skip to main content

Not sure where to invest? Take the 2-min quiz and we'll rank your top 10 suburbs.

Take the 2-min quiz

12,000+ 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

Serpentine, VIC 3517

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

Data updated

Median House

$455,000

list-price estimate

Median Unit

$175,000

Gross Yield (houses)

3.2%

1yr Growth

-

Investment snapshot for Serpentine

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

Read the full Serpentine 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 Serpentine - yield, growth, affordability, vacancy, livability, safety, and demographics.

Access from $20. Cancel anytime. See all plans

Secure checkout by Stripe. Cancel anytime.

Serpentine market and investor summary

In Serpentine, VIC 3517, houses show a gross rental yield of 3.2%. At 2.9% 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 3.2% will not cover holding costs in the early years, so the case leans on price appreciation. Houses also take time to sell, around 75 days on market, so plan for a slower exit if you ever need one.

Living in Serpentine: people, income and schools

About 222 people live in Serpentine, a number that has held fairly steady over five years. At a median age of 40, it reads as skewed a little older, and 74% 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 $66,000 a year (about $1,280 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (2 out of 10).

Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
222
+1% over 5yr
Median age
40 years
Median household income
$66,000/yr
Households renting
15%
Family households
78%
Socio-economic rank
2/10
ABS advantage index
Unemployment
5.0%

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

Properties in Serpentine

View all →

Frequently asked questions about Serpentine

What should I check before investing in Serpentine?

Serpentine has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Serpentine?

The median property price in Serpentine, VIC 3517 is $175K for units.

What rental yield does Serpentine show?

The gross rental yield in Serpentine is 3.2% for houses. 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 Serpentine?

The current vacancy rate in Serpentine is 2.9%. 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 Serpentine?

Serpentine has a population of approximately 222 residents, with a median age of 40.

Is Serpentine's population growing?

The population of Serpentine has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

Keep researching with PropRadar

Free tools for the rest of your investment decision, no card required.