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Westby, VIC 3579
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$390,000
Median Unit
$220,000
Gross Yield (houses)
5.3%
1yr Growth
-
Investment snapshot for Westby
Westby has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Westby market and investor summary
Westby (VIC 3579) runs a median house price of $390K, with houses yielding a gross 5.3%. At 0.7% 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 5.3% does more of the early heavy lifting than capital growth usually would at this price point. Houses also take time to sell, around 85 days on market, so plan for a slower exit if you ever need one.
Living in Westby: people, income and schools
Westby is home to around 27 people, a count that has slipped about 3% over five years. The median age is 53, an older, established demographic, and families account for 63% of households.
On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10).
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 27
- -3% over 5yr
- Median age
- 53 years
- Households renting
- 20%
- Family households
- 63%
- Socio-economic rank
- 3/10
- ABS advantage index
- Unemployment
- 2.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Westby
No properties currently listed in Westby
Search Westby listings →Frequently asked questions about Westby
What should I check before investing in Westby?
Westby has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.5%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.7% 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 Westby?
The median property price in Westby, VIC 3579 is $390K for houses and $220K for units.
What rental yield does Westby show?
The gross rental yield in Westby is 5.3% for houses and 5.5% 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 Westby?
The current vacancy rate in Westby is 0.7%. 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 Westby?
Westby has a population of approximately 27 residents, with a median age of 53.
Is Westby's population growing?
The population of Westby has fallen about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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