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Violet Town, VIC 3669
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$585,000
list-price estimate
Median Unit
$650,000
list-price estimate
Gross Yield (houses)
6.0%
1yr Growth (houses)
+4.5%
market range -5.0% to +7.5%
Investment snapshot for Violet Town
Violet Town has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Violet Town market and investor summary
In Violet Town, VIC 3669, houses show a gross rental yield of 6.0%. House prices have moved +4.5% over the past year and +24.8% over three years. At 1.0% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 6.0% does more of the early heavy lifting than capital growth usually would at this price point. Rental demand looks steady, with vacancy at 1.0% and a resident base that is not shrinking. Houses also take time to sell, around 94 days on market, so plan for a slower exit if you ever need one.
Living in Violet Town: people, income and schools
Violet Town is home to around 936 people, a number that has held fairly steady over five years. At a median age of 57, it reads as an older, established demographic, and 76% 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 $50,000 a year (about $960 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). Incomes have risen about 13% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing below the national school average on ICSEA. Some errands can be done on foot, though a car still helps; the suburb scores 54 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 936
- +2% over 5yr
- Median age
- 57 years
- Median household income
- $50,000/yr
- Households renting
- 17%
- Family households
- 55%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 929
- Unemployment
- 4.4%
- Walk score
- 54/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Violet Town
No properties currently listed in Violet Town
Search Violet Town listings →Frequently asked questions about Violet Town
What should I check before investing in Violet Town?
Violet Town has enough public data for first-pass screening across yield, vacancy, price and supply signals. Strong house gross rental yield of 6.0%, before expenses, tax and loan costs. Capital growth of +4.5% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What rental yield does Violet Town show?
The gross rental yield in Violet Town is 6.0% for houses and 3.6% 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 Violet Town?
House prices in Violet Town are up 4.5% over the past year and up 24.8% over three years. 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 Violet Town?
The current vacancy rate in Violet Town 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 Violet Town?
Violet Town has a population of approximately 936 residents, with a median age of 57.
What schools are near Violet Town?
There are 1 school within roughly 5km of Violet Town. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Violet Town's population growing?
The population of Violet Town has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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