Hindmarsh Shire, VIC

The Shire of Hindmarsh is a local government area in western Victoria, Australia. The LGA’s property market is moderately priced with a good selection of properties to choose from. The market is stable with a healthy mix of buyers and sellers.

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The Hindmarsh Shire economy is based largely on agriculture, with some tourism and light industry.

Managers account for 25.1% of employment in Hindmarsh, followed by labourers (16.3%), professionals (13.2%), technicians and trades workers (11.2%), and community and personal service workers (9.8%). In Hindmarsh, the typical weekly personal income for residents aged 15 years and older is $497.

The real estate is mostly large plots of land with a few smaller properties. There are few urban areas in the shire. In Hindmarsh, 90.3 % of inhabited private residences are detached houses, 4.8 % are semi-detached, row or terrace houses, townhouses, or other structures, 3.1 % are flats or apartments, and 0.6 % are other structures.

If you’re looking to invest in property in the Hindmarsh Shire, there are a few things you should keep in mind.

First, it’s important to do your research and find an area that you think will grow in value over time. You should also consider the potential for rental income, as well as any development potential the area may have. It’s also important to be realistic about your budget and only invest what you can afford to lose.

Finally, always consult with reliable data sources to help you assess “investability” of suburbs in this LGA. Use the interactive dashboard below for guidance.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
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Property Market in Hindmarsh Shire, VIC

What other property markets are there near Hindmarsh Shire, VIC?

Hindmarsh Shire is surrounded by 1 other council areas – Mildura.

How many people live in Hindmarsh Shire, VIC?

There are approximately 7000 people living in roughly 3000 dwellings in total, with an average household size of 2.2.

What major retailers are there in Hindmarsh Shire, VIC?

The main retail centres are Westprint Maps, SUPA IGA, Cotton On, Best&Less, Jeanswest, IGA Rainbow.

What is the main industry in Hindmarsh Shire, VIC?

Such sectors as Agriculture, Forestry & Fishing, Health Care & Social Assistance, Manufacturing make up the largest part of the employment.

What are the dominant demographic groups in Hindmarsh Shire, VIC?

Among approximately 7000 people in Hindmarsh Shire males and females make roughly 50% of each group. The median age of people is 50 years. Children aged 0-14 years account for approximately 15% of the population, and those aged 65+ years account for 27%.

How is unemployment rate trending in Hindmarsh Shire, VIC?

Among approximately 2500 people employed, roughly 59% work full-time, 31% work part-time, and an estimated 5% are unemployed.

Suburbs/localities in this Local Government Area: Glenlee 3418, Jeparit 3423, Kenmare 3395, Kiata 3418, Albacutya 3424, Little Desert 3418, Lorquon 3418, Netherby 3418, Nhill 3418, Rainbow 3424, Tarranyurk 3414, Yanac 3418, Broughton 3418, Antwerp 3414, Dimboola 3414, Gerang Gerung 3418

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