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Thorpdale, VIC 3835
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$625,000
market range $500K-$825K
Median Unit
$485,000
Gross Yield (houses)
3.5%
1yr Growth
-
Investment snapshot for Thorpdale
Thorpdale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Thorpdale market and investor summary
Thorpdale (VIC 3835) runs a median house price of $625K, with houses yielding a gross 3.5%. At 1.0% vacancy, it is a tight rental market that favours landlords.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.5% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking. Houses also take time to sell, around 64 days on market, so plan for a slower exit if you ever need one.
Living in Thorpdale: people, income and schools
About 475 people live in Thorpdale, a number that has held fairly steady over five years. The median age is 46, skewed a little older, and 82% 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 $63,000 a year, or roughly $1,220 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 9.9 times local household income, so affordability is a genuine constraint on local buyers.
There are 2 schools within about 5km, testing close to the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 475
- +6% over 5yr
- Median age
- 46 years
- Median household income
- $63,000/yr
- Households renting
- 10%
- Family households
- 76%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 962
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Thorpdale
No properties currently listed in Thorpdale
Search Thorpdale listings →Frequently asked questions about Thorpdale
What should I check before investing in Thorpdale?
Thorpdale has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.0% 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 Thorpdale?
The median property price in Thorpdale, VIC 3835 is $625K for houses and $485K for units.
What rental yield does Thorpdale show?
The gross rental yield in Thorpdale is 3.5% for houses and 2.7% for units. 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 Thorpdale?
The current vacancy rate in Thorpdale is 1.0%. 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 Thorpdale?
Thorpdale has a population of approximately 475 residents, with a median age of 46.
What schools are near Thorpdale?
There are 2 schools within roughly 5km of Thorpdale. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Thorpdale affordable to buy in?
A median house in Thorpdale costs about 9.9 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 Thorpdale's population growing?
The population of Thorpdale has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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