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Serviceton, VIC 3420

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

Data updated

High Yield Suburb

Median House

$140,000

market range $125K-$250K

Median Unit

-

Gross Yield (houses)

9.2%

1yr Growth

-

Investment snapshot for Serviceton

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

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Investment score breakdown

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Serviceton market and investor summary

In Serviceton, VIC 3420, the median house sells for around $140K, on a gross rental yield of 9.2% for houses.

For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 9.2% does more of the early heavy lifting than capital growth usually would at this price point. Houses also take time to sell, around 129 days on market, so plan for a slower exit if you ever need one.

Living in Serviceton: people, income and schools

Serviceton is home to around 129 people, a count that has slipped about 3% over five years. At a median age of 40, it reads as skewed a little older, and 88% 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 $102,000 a year (about $1,960 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 roughly 1.4 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 80% over five years, which tends to underpin what local buyers can pay.

Population
129
-3% over 5yr
Median age
40 years
Median household income
$102,000/yr
Households renting
8%
Family households
75%
Socio-economic rank
7/10
ABS advantage index
Unemployment
2.0%

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

Properties in Serviceton

No properties currently listed in Serviceton

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Frequently asked questions about Serviceton

What should I check before investing in Serviceton?

Serviceton has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 9.2%, before expenses, tax and loan costs. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Serviceton?

The median property price in Serviceton, VIC 3420 is $140K for houses.

What rental yield does Serviceton show?

The gross rental yield in Serviceton is 9.2% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How many people live in Serviceton?

Serviceton has a population of approximately 129 residents, with a median age of 40.

Is Serviceton affordable to buy in?

A median house in Serviceton costs about 1.4 times the median local household income (more affordable than most capital-city markets). 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 Serviceton's population growing?

The population of Serviceton has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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