East Gippsland Shire, VIC

East Gippsland is a vast LGA located in the eastern part of Gippsland, Victoria, Australia. It encompasses 31,740 square kilometres amounting to 14% of Victoria’s land mass.

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The East Gippsland Shire has great potential for development and growth, with the population gradually increasing on the abundant residential land. People flock to this region for affordability and lifestyle improvements.

The East Gippsland property market is characterized by affordable housing and rural nature. It is also known for its abundant coastline which features several picturesque beaches, small townships with friendly locals, and plenty of outdoor activities.

Managers (15.1 %), Professionals (14.7 %), Technicians and Trades Workers (14.7 %), Labourers (13.8 %), and Community and Personal Service Workers (12.9 %) are the most frequent jobs in East Gippsland. East Gippsland’s typical weekly personal income for persons aged 15 years and over is $506. The LGA is a home to many sought after professions, providing for plenty opportunities to find a long-term tenant. However care should be taken in some remote suburbs with poor transport connections to the otherwise excelent ifrastructure.

In East Gippsland, 91.7 % of occupied private residences are detached houses, 3.6 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 1.8 % are flats or apartments, and 1.7 % are other dwellings. Traditional family homes are the most in-demand dwelling type in this LGA.

The East Gippsland property market is changing drastically. To get up-to-date information about the property market, explore the interactive dashboard on this page

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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

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Property Market in East Gippsland Shire, VIC

What other property markets are there near East Gippsland Shire, VIC?

East Gippsland Shire is surrounded by 1 other council area – Alpine.

How many people live in East Gippsland Shire, VIC?

There are approximately 45000 people living in roughly 24000 dwellings in total, with an average household size of 2.2.

What are current and planned infrastructure projects in East Gippsland Shire, VIC?

Notable infrastructure projects include Lakes Entrance Landfill capping and Waste Transfer Station upgrade, Lakes Entrance streetscape pavement improvements, Omeo Valley Road – Major Rehabilitation, Slip Road Maritime Precinct, Paynesville, Upgrade to Moroney Street, Bairnsdale.

What major retailers are there in East Gippsland Shire, VIC?

The main retail centres are Lakes Plaza, Gippsland Centre, Evie Jo’s Bows.

What is the main industry in East Gippsland Shire, VIC?

Such sectors as food manufacturing and production, thriving fishing industry make up the largest part of the employment.

What are the dominant demographic groups in East Gippsland Shire, VIC?

Among approximately 45000 people in East Gippsland Shire males and females make roughly 49% and 51% respectively. The median age of people is 50 years. Children aged 0-14 years account for approximately 16% of the population, and those aged 65+ years account for 28%.

How is unemployment rate trending in East Gippsland Shire, VIC?

Among approximately 18000 people employed, roughly 49% work full-time, 37% work part-time, and an estimated 6.4% are unemployed.

Suburbs/localities in this Local Government Area: Glen Valley 3898, Glen Wills 3898, Glenaladale 3864, Bairnsdale 3875, Goon Nure 3875, Goongerah 3888, Granite Rock 3875, Hinnomunjie 3898, Iguana Creek 3875, Jarrahmond 3888, Johnsonville 3902, Kalimna 3909, Kalimna West 3909, Lake Bunga 3909, Lake Tyers 3887, Lake Tyers Beach 3909, Lakes Entrance 3909, Lindenow 3865, Lindenow South 3875, Lucknow 3875, Mallacoota 3892, Manorina 3889, Maramingo Creek 3891, Marlo 3888, Marthavale 3875, Melwood 3875, Metung 3904, Mitta Mitta 3701, Mossiface 3885, Mount Taylor 3875, Murrindal 3885, Nariel Valley 3707, Nelse 3699, Newlands Arm 3875, Newmerella 3886, Nicholson 3882, Bellbird Creek 3889, Noorinbee 3890, Noorinbee North 3890, Nowa Nowa 3887, Nungurner 3909, Nunniong 3896, Nurran 3888, Nyerimilang 3909, Omeo 3898, Omeo Valley 3898, Orbost 3888, Bemm River 3889, Paynesville 3880, Benambra 3900, Bendoc 3888, Bengworden 3875, Raymond Island 3880, Ryans 3875, Sarsfield 3875, Bete Bolong 3888, Shannonvale 3898, Bete Bolong North 3888, Simpsons Creek 3888, Stirling 3893, Suggan Buggan 3885, Bindi 3896, Swan Reach 3903, Swifts Creek 3896, Tabberabbera 3875, Bingo Munjie 3898, Tambo Crossing 3893, Tambo Upper 3885, Tamboon 3890, Timbarra 3885, Tom Groggin 3707, Tonghi Creek 3890, Tongio 3896, Toorloo Arm 3909, Tostaree 3888, W Tree 3885, Wairewa 3887, Wallagaraugh 3891, Walpa 3875, Wangarabell 3891, Waterholes 3875, Waygara 3888, Wentworth 3875, Bonang 3888, Wingan River 3891, Wiseleigh 3885, Wombat Creek 3888, Woodglen 3875, Wroxham 3891, Wuk Wuk 3875, Wulgulmerang 3885, Wulgulmerang East 3885, Wulgulmerang West 3885, Wy Yung 3875, Yalmy 3885, Boole Poole 3880, Tubbut 3888, Merrijig 3875, Fairy Dell 3875, Hillside 3875, Banksia Peninsula 3875, Reedy Flat 3895, Delegate River 3888, Eastwood 3875, Broadlands 3875, Brodribb River 3888, Brookville 3896, Brumby 3885, Bruthen 3885, Buchan 3885, Buchan South 3885, Buldah 3890, Bullumwaal 3875, Bumberrah 3902, Bundara 3898, Butchers Ridge 3885, Cabbage Tree Creek 3889, Anglers Rest 3898, Calulu 3875, Cann River 3890, Cape Conran 3888, Cassilis 3898, Chandlers Creek 3890, Clifton Creek 3875, Club Terrace 3889, Cobbannah 3862, Cobberas 3900, Cobungra 3898, Combienbar 3889, Corringle 3888, Dartmouth 3701, Deddick Valley 3888, Deptford 3875, Doctors Flat 3895, Double Bridges 3893, Eagle Point 3878, East Bairnsdale 3875, Ellaswood 3875, Ensay 3895, Ensay North 3895, Errinundra 3889, Flaggy Creek 3875, Forge Creek 3875, Gelantipy 3885, Genoa 3891, Gipsy Point 3891

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