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Timboon, VIC 3268

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 Timboon, VIC 3268 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

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Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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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.

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0 thoughts on “Timboon, VIC 3268”

  1. The total adult population (15 years or older) of Timboon 3268 VIC is 1,041, with a median age of 47. Of those, 47.26% are married, 11.14% are divorced or separated, 34.29% are single and 6.92% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,140. The median monthly mortgage repayment for households in this suburb is $1,200 which is 19.54% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of TIMBOON, VIC 3268, home to an estimated 792 households, presents an inviting landscape for the seasoned property investor or those seeking to enter the market. Delving into Q3 2023 figures, the typical house price in TIMBOON stands at an accessible $578,708. Averaging a rental figure of $400 per week, properties generate an encouraging indicative yield of 3.61%, placing them above the investment-attractive 3% mark.

    The IRSAD score of this regional gem is an impressive 955 out of 1217, portraying an economically stable populace. This is further complemented by the suburb’s renter to owner ratio at a notably reduced 17%, well below the 30% threshold that generally indicates a balanced investment environment. Additionally, the proportion of units to houses is an incredibly low 2%, a positive sign indicating lower competition in the rental market and presenting an opportunity for higher rental yields.

    However, it is worth noting that the suburb’s affordability index measures at 37 years, above the favourable threshold of 31 years, which suggests some degree of decreased affordability. Still, this factor alone should not be a deterrent to the potential investor provided other market metrics remain positive.

    Scoping the supply metrics, TIMBOON boasts a positively scarse stock on market Percentage at a mere 0.25%, well below the 0.4% mark indicating a desirable low supply. Its inventory level is calculated to be 1.2 months, landing well within the boundaries of a favourable low supply market. Furthermore, the building approvals Ratio hovers at 0.0%, indicating there’s no significant influx of new properties that could saturate the market.

    On the demand front, properties in TIMBOON tend to be snatched off the market swiftly, with a minimal average of only 4 Days on Market. Superb for any investor, this statistic signals a considerably high demand. With the combined vacancy rate for houses and units registered at 2.17%, falling within a balanced demand range, the rental market demonstrates a stable demand. The suburb’s buy search index scores at 3, marking neutral interest for homebuyers.

    In summary, while understanding these market indicators is key, the trend of these metrics provides a crucial part of the investment story. Together, they paint a picture of TIMBOON as a property market with favourable demand, impressively low supply and yielding relatively attractive returns, despite the affordability challenge. This analysis underscores the importance of using comprehensive and up-to-date market data, such as HtAG Analytics’ Relative Composite Score (RCS), that encapsulates over 80 metrics to inform investment decisions.

    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.

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