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Rushworth, VIC 3612

Home » VIC Real Estate Data » Campaspe Shire, VIC » Rushworth, VIC 3612

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 Rushworth, VIC 3612 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 

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Rent 

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Yield 

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Buy 

1BR

2BR

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Rent 

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Yield 

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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 “Rushworth, VIC 3612”

  1. The total adult population (15 years or older) of Rushworth 3612 VIC is 1,228, with a median age of 56. Of those, 44.46% are married, 20.11% are divorced or separated, 28.01% are single and 7.98% are widowed.

    The average household size is 2.0 people per dwelling, and the median household monthly income is estimated to be $4,708. The median monthly mortgage repayment for households in this suburb is $997 which is 21.18% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of RUSHWORTH, postcode 3612, is a charming locale tucked within the state of Victoria, and is home to around 844 households. As we delve into the property market statistics from Q3 of 2023, it’s evident that RUSHWORTH presents a unique blend of promising indicators for potential property investors, particularly in the house market.

    From a broad perspective, the typical price for houses in RUSHWORTH stands at an appealing $390,297. Alongside this relatively affordable price tag, houses are rented out at a median of $320 per week. These figures interact to produce an attractive indicative yield of 4.26% – surpassing the floor threshold of 3% and placing RUSHWORTH on the radar of cashflow-focused investors.

    When peeking into the social fabric of the suburb, RUSHWORTH boasts an IRSAD score of 875 out of 1217, suggesting a fairly decent socio-economic status for its residents. Moreover, a renter to owner ratio of just 13% indicates less competition amongst landlords and a lesser risk of rental market saturation. Furthermore, the units to houses ratio is impressively low at 3%, fostering a neighbourhood vibe that is more appealing to families seeking long tenancy periods.

    On the path of affordability, RUSHWORTH fairly straddles the line with an affordability index of 32 years. Though just exceeding the ideal 30-year limit, it’s important to not overlook the favourable conditions in other metrics observed within the area. An incredibly low stock on market Percentage of 0.13% and commendable inventory level of 0.75 months clearly highlight RUSHWORTH’s low supply market stature.

    However, it’s worth noting the building approvals Ratio for houses is at 0.0%, suggesting a stagnant new dwelling stock. On the brighter side though, a relatively short average of 32 days on market shows houses here don’t languish unsold for long. A fair vacancy rate of 2.7% and a buy search index of 3 reiterate RUSHWORTH’s standing as a market of neutral demand.

    In summary, the house market in RUSHWORTH, VIC, exhibits a promising potential for savvy real estate investors, particularly those keen on cashflow-positive properties. While keeping a close eye on the slightly high affordability index, the overall favourable conditions reflected by the majority of other metrics shape RUSHWORTH as a suburb worth considering for an investment. Remember to refer to the HtAG analytics dashboard provided alongside this commentary to visualise these trends.

    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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