Byawatha
3678 VIC
BYAWATHA in VIC 3678, with a population of 160 residents, has a diverse age demographic with a significant percentage aged between 45 to 64 years. The suburb boasts a low median rent with a high proportion of residents commuting by motor vehicle. The top three occupations include Managers, Professionals, and Technicians & Tradeworkers.
Given the high median sale price and low rental yield for houses, BYAWATHA may not be ideal for pure investment purposes. However, the suburb's steady population growth over the years and the proportion of residents working in managerial and professional roles could imply a stable market for property owners looking for long-term growth potential.
BYAWATHA is a small suburb with potential for steady long-term growth, particularly for homeowners seeking a peaceful community lifestyle. The presence of residents in higher occupational roles indicates a stable local economy with opportunities for property value appreciation over time.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Highlights
Pricing and long-term growth profile for Byawatha houses.
Median Price
$875k
# Sales
1
12M Growth
—
10Y Ave Growth
—
Why Buyers Look Here
Owner occupier appeal — 82% owner-occupied — strong community stability and pride of ownership.
Tight supply — Only 1.6% of stock on market — limited turnover supports price growth.
Affluent area — IRSAD rank 65/10 — high socio-economic advantage.
Capital Growth
Pricing and long-term growth profile for Byawatha houses.
Median Price
$875k
# Sales
1
12M Growth
—
10Y Ave Growth
—
Rental Market
Yield, rental pricing and vacancy performance for Byawatha houses.
Weekly Rent
$300
Rental Yield
1.8%
Vacancy Rate
—
Rentals Last 12M
1
Supply & Demand
Stock levels, days on market and selling conditions for Byawatha.
Stock on Market
1.6%
Days on Market
34
Building Approvals
27.9%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Byawatha.
Population
160
Owner Occupiers
82%
Median Income
$88k
IRSAD Rank
65
Recent Sales
Recently sold properties in Byawatha.
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