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Investment Property Hadfield, VIC, 3046

Suburb Snapshot

Hadfield is a suburb in the Moreland Region of Victoria. Hadfield has a population of 5,604 people and 21.86% of its occupants live in rental accommodation. The median listing price for houses is $800,000 and this has changed 0.00% over the past year and changed 1.26% over 2 years.

The median rent in Hadfield for houses is $520 per week and the median rental yield is 3.38%. Stock on the market for houses/townhouses has changed -13.79% compared to last year and the average time to sell a house/townhouse is 55 days.The median listing price for units is $399,000 and this has changed -11.34% over the past year. The average unit takes 49 days to sell and the median rent for a unit in Hadfield is $435 per week, producing a rental yield of 5.66%.

Supply & Demand in Hadfield, Moreland

0.96%

Current vacancy rate


28

Rental stock available


5,604

Population


21.86%

Rental population


1.04%

Current vacancy rate


895

Rental stock available


162,560

Population


33.21%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Hadfield, Moreland

  House Townhouses Units
Median listing price $800,000 $642,500 $399,000
Median price change - last quarter 0.00% -0.78% -5.57%
Median price change - 1 year 0.00% 2.06% -11.34%
Median price change - 2 years 1.26% 0.00% -9.32%
  House Townhouses Units
Median weekly rent $520 $550 $435
Median yield % 3.38% 4.45% 5.66%
Median rent change - 1 year 4.00% 10.00% 14.47%
  House Units
Previous month sales 15 1
Stock on market previous month 25 4
Stock variance vs. last year -13.79% -63.64%
Average days on market 55 49

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