Big Hill
3231 VIC
Big Hill is a small suburb with a population of 38, skewed towards older age groups. The median household income is $1,875 weekly, and the median rent is $275 weekly. The suburb has a high proportion of residents who work from home.
Big Hill has a limited number of properties available for sale, with a low stock on market rate. The median house price is at the higher end, with a negative median growth rate in the past year. The online search interest is relatively high, indicating potential buyer demand.
Big Hill offers a quiet lifestyle with a predominantly older demographic. Investors should note the limited housing stock and high online search interest, while considering the negative median growth rate in their decision-making process.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Neighbouring Suburbs
Suburb Highlights
Pricing and long-term growth profile for Big Hill houses.
Median Price
$2.750M
# Sales
1
12M Growth
-0.2%
10Y Ave Growth
—
Why Buyers Look Here
Owner occupier appeal — 83% owner-occupied — strong community stability and pride of ownership.
Affluent area — IRSAD rank 88/10 — high socio-economic advantage.
Capital Growth
Pricing and long-term growth profile for Big Hill houses.
Median Price
$2.750M
# Sales
1
12M Growth
-0.2%
10Y Ave Growth
—
Rental Market
Yield, rental pricing and vacancy performance for Big Hill houses.
Weekly Rent
—
Rental Yield
—
Vacancy Rate
—
Rentals Last 12M
—
Supply & Demand
Stock levels, days on market and selling conditions for Big Hill.
Stock on Market
3.8%
Days on Market
610
Building Approvals
—
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Big Hill.
Population
38
Owner Occupiers
83%
Median Income
$98k
IRSAD Rank
88
