VIC3444· Pop. 10,066Mitchell

MYRTLE CREEK

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

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

$770,000

VIC Gov · 2025

Rent yield

2.4%

computed from govt data

Annual growth

-0.3%

annualised from govt data

Vacancy rate

1.9%

modelled estimate

AI insights for MYRTLE CREEK

Investment analysis, risks & comparisons

PREMIUM

MYRTLE CREEK 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

$351/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+0.8%

annual shift

Yield × growth index

1.0

combined signal

Net yield (est.)

4.19%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+4.6%

est. compound, long-run avg

10-yr growth (CAGR)

+4.0%

est. compound, long-run avg

Rental demand

45 / 100

Moderate demand

Supply pipeline

Est.

0.4%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020

$614k

2021

$755k

2022

$898k

2023

$775k

2025

$770k

Source: VIC Gov · 2025 · all sources

Market overview

MYRTLE CREEK is a VIC suburb offering lower 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

Rental yield 2.4% with stable tenant demand
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

$1,663/wk

$35k taxable p.a.

Renters

17.7%

78.7% owner-occupier

Median age

47.0 yrs

Unemployment

5.5%

Population growth

+0.4% p.a.

Investor-owned

14.0%

of all dwellings (ATO)

Houses

90%

5% apartments

Degree qualified

18.0%

bachelor's or higher (ABS)

Work from home

11.1%

of employed residents (ABS Census)

Median lot size

1.2 ha

Large block

Household size

2.7 persons

avg per dwelling (ABS Census)

Short-term rental

1.4%

Mostly long-term tenants

Market activity

Distance to CBD

80.3 km

Regional

Days on market

50 days

Slower market

Auction clearance

38.1%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

74.8 km

Inland

NBN technology

Fixed Wireless

Regional — wireless tower

Population density

73/km²

Rural / semi-rural

Schools in postcode 3444

🏫5 Primary🎓2 Secondary

ACARA 2025

🏫Primary (5)

Our Lady of the Rosary

Catholic · Yrs Prep-6

ICSEA 1081

Tylden Primary School

Government · Yrs Prep-6

ICSEA 1078

Kyneton Primary School

Government · Yrs Prep-6

ICSEA 1048

Redesdale Mia Mia Primary School

Government · Yrs 1-6

ICSEA 981

Langley Primary School

Government · Yrs 3-5

🎓Secondary (2)

Sacred Heart College

Catholic · Yrs 7-12

ICSEA 1070

Kyneton High School

Government · Yrs 7-12

ICSEA 1008

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

Moderate

65/ 100

7.1 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average

1044ICSEA · national avg 1000

6 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited

21/ 100

🚆 1 train🚌 0 bus

Source: State GTFS feeds

Gentrification signal

/ 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

none

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 MYRTLE CREEK

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