Pascoe Vale
3044 VIC
Pascoe Vale is a vibrant suburb with a diverse demographic profile. The population is steadily growing, with a mix of age groups represented. The median household income is higher than average, and there is a good mix of occupations, including professionals and technicians/tradeworkers. Commuting options are varied, with a significant number of residents working from home.
Pascoe Vale presents a solid investment opportunity for both houses and units. With a healthy market absorption rate and a moderate vacancy rate, there is a balanced demand for rental properties. The suburb's high growth rate indicates potential for capital appreciation. Units offer slightly higher rental yields compared to houses, making them appealing for investors seeking rental income.
Pascoe Vale is a suburb offering a dynamic lifestyle with good growth prospects for property investors. The area's convenient commuting options, educational facilities, and diverse demographic make it an attractive choice for homeowners and investors alike.
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 Pascoe Vale houses.
Median Price
$1.020M
# Sales
290
12M Growth
8.5%
10Y Ave Growth
3.8%
Why Buyers Look Here
Owner occupier appeal — 63% owner-occupied — strong community stability and pride of ownership.
Tight supply — Only 1.0% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 25 days — high buyer competition.
Capital Growth
Pricing and long-term growth profile for Pascoe Vale houses.
Median Price
$1.020M
# Sales
290
12M Growth
8.5%
10Y Ave Growth
3.8%
Rental Market
Yield, rental pricing and vacancy performance for Pascoe Vale houses.
Weekly Rent
$650
Rental Yield
3.5%
Vacancy Rate
1.3%
Rentals Last 12M
303
Supply & Demand
Stock levels, days on market and selling conditions for Pascoe Vale.
Stock on Market
1.0%
Days on Market
25
Building Approvals
0.9%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Pascoe Vale.
Population
18,171
Owner Occupiers
63%
Median Income
$105k
IRSAD Rank
84
Recent Sales
Recently sold properties in Pascoe Vale.
