VIC3874· Pop. 610Wellington

CHERRILONG

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

42

Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.

Median price

no recent data

Rent yield

7.3%

rent real · price estimated

Annual growth

0.8%

modelled estimate

Vacancy rate

1.6%

modelled estimate

AI insights for CHERRILONG

Investment analysis, risks & comparisons

PREMIUM

CHERRILONG shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Price figures are estimated — suburb-level data not available for this state. Verify with Domain or REA.

Median rent

$230/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+0.5%

annual shift

Yield × growth index

4.0

combined signal

Net yield (est.)

3.40%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.1%

est. compound, long-run avg

10-yr growth (CAGR)

+3.1%

est. compound, long-run avg

Rental demand

50 / 100

Moderate demand

Supply pipeline

Est.

0.2%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

No price history available.

Market overview

CHERRILONG is a VIC suburb offering high rental yield and moderate price growth. The local economy supports a stable rental base, with ongoing demand from owner-occupiers and investors seeking value outside capital cities.

Highlights

  • Strong rental yield of 7.3%
  • Access to national transport network and amenities

Risk factors

  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,062/wk

$44k taxable p.a.

Renters

10.6%

83.3% owner-occupier

Median age

58.0 yrs

Unemployment

5.6%

Population growth

+1.2% p.a.

Investor-owned

10.0%

of all dwellings (ATO)

Houses

81%

8% apartments

Degree qualified

14.7%

bachelor's or higher (ABS)

Work from home

10.9%

of employed residents (ABS Census)

Median lot size

1.2 ha

Large block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

3.7%

Some Airbnb activity

Market activity

Distance to CBD

181.3 km

Regional

Days on market

42 days

Normal turnover

Auction clearance

45.6%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

21.0 km

Coastal fringe

NBN technology

FTTP

Fastest — full fibre to premises

Population density

45/km²

Rural / semi-rural

Schools in postcode 3874

🏫1 Primary
ACARA 2025

🏫Primary (1)

Woodside Primary School

Government · Yrs Prep-6

ICSEA 1014

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
42/ 100

9.3 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1014ICSEA · national avg 1000

1 school in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent
11/ 100
🚆 0 train🚌 3 bus

Source: State GTFS feeds

Gentrification signal

15

/ 100

Stable / no signal

Established suburb with stable demographics. Consistent demand but lower gentrification upside.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

medium

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

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Location

Properties in CHERRILONG

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