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Vasey, VIC 3407
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$410,000
list-price estimate
Median Unit
-
Gross Yield (houses)
3.1%
1yr Growth
-
Investment snapshot for Vasey
Vasey has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Vasey market and investor summary
In Vasey, VIC 3407, houses show a gross rental yield of 3.1%.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 3.1% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Vasey: people, income and schools
Vasey is home to around 45 people, a number that has held fairly steady over five years. The median age is 50, an older, established demographic, 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 $76,000 a year, or roughly $1,460 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). Incomes have risen about 25% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 45
- -0% over 5yr
- Median age
- 50 years
- Median household income
- $76,000/yr
- Households renting
- 7%
- Family households
- 76%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 1.7%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Vasey
No properties currently listed in Vasey
Search Vasey listings →Frequently asked questions about Vasey
What should I check before investing in Vasey?
Vasey 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 rental yield does Vasey show?
The gross rental yield in Vasey is 3.1% 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 Vasey?
Vasey has a population of approximately 45 residents, with a median age of 50.
Is Vasey's population growing?
The population of Vasey has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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