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Zeerust, VIC 3634
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,010,000
market range $600K-$1.0M
Median Unit
$725,000
Gross Yield (houses)
2.5%
1yr Growth
-
Investment snapshot for Zeerust
Zeerust has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Zeerust market and investor summary
Zeerust (VIC 3634) runs a median house price of $1.0M, with houses yielding a gross 2.5%. At 5.1% vacancy, it is a softer rental market with more choice for tenants.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.5% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 5.1% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 107 days on market, so plan for a slower exit if you ever need one.
Living in Zeerust: people, income and schools
Zeerust is home to around 147 people, a number that has held fairly steady over five years. The median age is 39, broadly working-age, and 83% 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 $94,000 a year, or roughly $1,810 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 10.7 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
There are 2 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 2 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 147
- +1% over 5yr
- Median age
- 39 years
- Median household income
- $94,000/yr
- Households renting
- 0%
- Family households
- 78%
- Socio-economic rank
- 7/10
- ABS advantage index
- Schools within 5km
- 2
- avg ICSEA 1007
- Unemployment
- 2.4%
- Walk score
- 2/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Zeerust
No properties currently listed in Zeerust
Search Zeerust listings →Frequently asked questions about Zeerust
What should I check before investing in Zeerust?
Zeerust 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 are typical property prices in Zeerust?
The median property price in Zeerust, VIC 3634 is $1.0M for houses and $725K for units.
What rental yield does Zeerust show?
The gross rental yield in Zeerust is 2.5% for houses and 3.8% 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 Zeerust?
The current vacancy rate in Zeerust is 5.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Zeerust?
Zeerust has a population of approximately 147 residents, with a median age of 39.
What schools are near Zeerust?
There are 2 schools within roughly 5km of Zeerust. 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 Zeerust affordable to buy in?
A median house in Zeerust costs about 10.7 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 Zeerust's population growing?
The population of Zeerust 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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