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Maidstone, VIC 3012

Home » VIC Real Estate Data » Maribyrnong City, VIC » Maidstone, VIC 3012

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 Maidstone, VIC 3012 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

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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 “Maidstone, VIC 3012”

  1. The total adult population (15 years or older) of Maidstone 3012 VIC is 7,911, with a median age of 34. Of those, 36.51% are married, 11.50% are divorced or separated, 47.52% are single and 4.42% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $9,092. The median monthly mortgage repayment for households in this suburb is $2,000 which is 22.00% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Maidstone, postcode 3012, nestled within the confines of Victoria, is home to approximately 4,863 households. By the third quarter of 2023, houses in Maidstone 3012 are typically priced around $922,828, with a median weekly rent of $518. These figures subsequently present an indicative yield of 2.92%, which, although a tad lower than the ideal 3%, still holds potential for cashflow-focused property investors.

    Maidstone spots an attractive socio-economic score of 1,014, out of a possible 1,217, signalling a decent socio-economic status within the community. The neighbourhood is infused with a blend of a moderate number of renters, with the renter to owner ratio standing at 43%, somewhat leaning towards a renter-dense environment which might present a level of competition for property investors.

    Interestingly, the units to houses ratio stands at a favourable 34%, indicating a lower concentration of units and hence, lesser competition among landlords for tenants – a good prognosis for rental yields. The local property market is more house-centric, which often attracts families looking for long-term tenancy, enhancing the stability of rental income for property owners.

    However, housing affordability in Maidstone is below average with an affordability index of 40 years, indicating a challenging environment for prospective homeowners. This, conversely, could translate to a higher demand for rental properties.

    Supply-side metrics reflect a healthier picture with a stock on market percentage for houses at a neutral 0.58% and a manageable inventory level of 2.4 months. The building approvals Ratio is modest at 0.75%, suggesting a tempered pace of new housing supply, which could aid in maintaining a balance within the market.

    Presenting a favourable demand angle, houses in Maidstone typically stay on the market for 37 days – a timeframe suggestive of decent demand. Keeping pace with this, the vacancy rate across houses and units hovers at a favourable 1.29%, implying good rental occupancy rates and lesser empty periods. Furthermore, the buy search index for houses stands fairly alright at 4, signifying reasonable buyer interest.

    While some metrics may not fall within the favourable band, the Maidstone property market possesses other attractions for property investors as highlighted above. Remember, it’s essential to consider the market trends – consult the dashboard for a comprehensive view. Leveraging tools like the HtAG Analytics’ RCS (Relative Composite Score) can automate this research process using a vast array of metrics for a more informed decision.

    In summary, despite some minor challenges, the property market in Maidstone 3012 offers some merits as an investment location. Make sure to sustain constant vigilance on the market developments to make real-estate investment decisions grounded in concrete property intelligence.

    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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