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Shoreham, VIC 3916
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,145,000
market range $2.1M-$2.2M
Median Unit
$795,000
Gross Yield (units)
2.7%
1yr Growth (houses)
+0.6%
market range -20.0% to +27.5%
Investment snapshot for Shoreham
Shoreham has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Shoreham market and investor summary
Shoreham (VIC 3916) runs a median house price of $2.1M. House prices have moved +0.6% over the past year. At 0.9% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking. Houses also take time to sell, around 190 days on market, so plan for a slower exit if you ever need one.
Living in Shoreham: people, income and schools
Shoreham is home to around 679 people, a number that has held fairly steady over five years. The median age is 61, an older, established demographic, and 78% 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 $105,000 a year, or roughly $2,010 a week. On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 20.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 32% over five years, which tends to underpin what local buyers can pay.
It is roughly 68 km from the CBD. It is fairly car-dependent; the suburb scores 4 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 679
- +2% over 5yr
- Median age
- 61 years
- Median household income
- $105,000/yr
- Households renting
- 14%
- Family households
- 71%
- Socio-economic rank
- 10/10
- ABS advantage index
- Unemployment
- 0.7%
- Distance to CBD
- 68 km
- Walk score
- 4/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Shoreham
No properties currently listed in Shoreham
Search Shoreham listings →Frequently asked questions about Shoreham
What should I check before investing in Shoreham?
Shoreham has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.9% 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 Shoreham?
The median property price in Shoreham, VIC 3916 is $2.1M for houses and $795K for units.
What rental yield does Shoreham show?
The gross rental yield in Shoreham is 2.7% 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 Shoreham?
House prices in Shoreham are up 0.6% over the past year. 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 Shoreham?
The current vacancy rate in Shoreham is 0.9%. 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 Shoreham?
Shoreham has a population of approximately 679 residents, with a median age of 61.
Is Shoreham affordable to buy in?
A median house in Shoreham costs about 20.5 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 Shoreham's population growing?
The population of Shoreham has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Shoreham from the CBD?
Shoreham is about 68 km from the CBD.
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