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Speewa, VIC 3585

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

Data updated

Tight Rental Market

Median House

$505,000

Median Unit

$320,000

Gross Yield

-

1yr Growth (units)

+0.0%

estimate

Investment snapshot for Speewa

Speewa 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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Speewa market and investor summary

Speewa (VIC 3585) runs a median house price of $505K. At 1.1% vacancy, it is a tight rental market that favours landlords.

Living in Speewa: people, income and schools

Speewa is home to around 10,624 people, a count that has slipped about 5% over five years. The median age is 40, skewed a little older, and families account for 66% of households.

On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). Locally, around 34% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

There is 1 school within about 5km, testing a little above the national school average on ICSEA.

Population
10,624
-5% over 5yr
Median age
40 years
Households renting
31%
Family households
66%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
1
avg ICSEA 1021
Unemployment
1.6%

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

Properties in Speewa

No properties currently listed in Speewa

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Frequently asked questions about Speewa

What should I check before investing in Speewa?

Speewa has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.1% 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 Speewa?

The median property price in Speewa, VIC 3585 is $505K for houses and $320K for units.

How tight is the rental market in Speewa?

The current vacancy rate in Speewa is 1.1%. 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 Speewa?

Speewa has a population of approximately 10,624 residents, with a median age of 40.

What schools are near Speewa?

There are 1 school within roughly 5km of Speewa. 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 Speewa's population growing?

The population of Speewa has fallen about 5% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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