VIC3401· Pop. 4,596Northern Grampians

LOWER NORTON

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

46

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$518,100

VIC Gov · 2025

Rent yield

2.0%

computed from govt data

Annual growth

9.4%

annualised from govt data

Vacancy rate

2.3%

modelled estimate

AI insights for LOWER NORTON

Investment analysis, risks & comparisons

PREMIUM

LOWER NORTON 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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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$200/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+0.9%

annual shift

Yield × growth index

5.7

combined signal

Net yield (est.)

5.15%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+7.5%

est. compound, long-run avg

10-yr growth (CAGR)

+3.9%

est. compound, long-run avg

Rental demand

55 / 100

Strong demand

Supply pipeline

Real

0.4%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

5-year price history

2020
$360k
2021
$385k
2022
$440k
2023
$433k
2025
$518k

Source: VIC Gov · 2025 · all sources

Market overview

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

Highlights

  • Rental yield 2.0% with stable tenant demand
  • High annual growth of 9.4% — outperforming state average
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,859/wk

$51k taxable p.a.

Renters

6.8%

88.2% owner-occupier

Median age

44.0 yrs

Unemployment

5.2%

Population growth

+1.9% p.a.

Investor-owned

15.0%

of all dwellings (ATO)

Houses

83%

5% apartments

Degree qualified

14.4%

bachelor's or higher (ABS)

Work from home

11.4%

of employed residents (ABS Census)

Median lot size

1.3 ha

Large block

Household size

2.8 persons

avg per dwelling (ABS Census)

Short-term rental

2.4%

Mostly long-term tenants

Market activity

Distance to CBD

286.5 km

Regional

Days on market

41 days

Normal turnover

Auction clearance

38.7%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

248.3 km

Inland

NBN technology

FTTN

Standard — fibre to node

Population density

110/km²

Low density

Liveability & safety

Safety index

Safe
100/ 100

2.1 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Below average
915ICSEA · national avg 1000

3 schools in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent
15/ 100
🚆 0 train🚌 6 bus

Source: State GTFS feeds

Gentrification signal

4

/ 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

high

Source: State GIS flood zone data

🔥

Bushfire risk

high

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

none

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in LOWER NORTON

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