Fraud Blocker

Hughesdale, VIC 3166

Home » VIC Real Estate Data » Monash City, VIC » Hughesdale, VIC 3166

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Hughesdale, VIC 3166 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Hughesdale, VIC 3166”

  1. The total adult population (15 years or older) of Hughesdale 3166 VIC is 6,382, with a median age of 38. Of those, 46.30% are married, 10.26% are divorced or separated, 38.75% are single and 4.50% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $10,160. The median monthly mortgage repayment for households in this suburb is $2,167 which is 21.33% of their earnings.

    Source: ABS Census Data (2021)

  2. In the bustling Victorian suburb of Hughesdale, there’s a strong property market supported by the 3,641 households residing in the area. This postcode 3166 suburb boasts typical house prices of $1,586,513 as of Q3 2023, with a median weekly rent of $589. This produces an indicative yield slightly below the desirable 3% mark, at 1.93%.

    The suburb’s socio-economic standing is considerable, with an IRSAD score of 1073 out of 1217, implying a relatively high income level and access to economic resources. However, potential investors should note that the renter to owner ratio is slightly above the preferred range, at 35%. The prospect of increased competition amongst landlords and potential risk due to this relatively high ratio could result in decreased longer-term returns.

    Although the units to houses ratio in Hughesdale of 41% is below the concerning threshold of 50%, the suburb retains some level of attractiveness to families and longer-term tenants, keeping competition among landlords in check. The elevated affordability index of 61 years, significantly above the average mortgage term of 30 years, indicates Hughesdale has slightly less affordability relative to other locations.

    Leaning towards a favourable market, the stock on market Percentage for houses in Hughesdale is quite low at 0.2% suggesting that properties available for sale are limited. In line with this, there is a quick turnover with the inventory level for houses standing at 0.73 months, further hinting at a high demand area and fast-moving market. Even with a building approvals Ratio for houses of 0.6%, this still indicates a relatively low-supply market.

    This high demand is further showcased in the suburb by the low average days on market for houses, which is noted to be 22 days, and an exceptionally low vacancy rate of 0.87% for combined houses and units. These factors point to a dynamic property market. However, with a buy search index for houses of 3, demand while satisfactory, could be more robust.

    Despite the affordability index and buy search index being less favourable, Hughesdale’s larger landscape of metrics suggests a strong property market. Potential investors should draw on the collective insights from these metrics and consider any evolving trends, as captured by the user-friendly dashboards provided by HtAG Analytics, to form a holistic view of this market’s investment potential.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

Leave a comment