VIC3233· Pop. 2,363Colac Otway

SKENES CREEK NORTH

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

$817,500

VIC Gov · 2025

Rent yield

1.9%

computed from govt data

Annual growth

-13.0%

annualised from govt data

Vacancy rate

1.8%

modelled estimate

AI insights for SKENES CREEK NORTH

Investment analysis, risks & comparisons

PREMIUM

SKENES CREEK NORTH 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.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

Unlock with Premium

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

Median rent

$300/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+2.4%

annual shift

Yield × growth index

-5.5

combined signal

Net yield (est.)

4.07%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+2.9%

est. compound, long-run avg

10-yr growth (CAGR)

+6.1%

est. compound, long-run avg

Rental demand

50 / 100

Moderate demand

Supply pipeline

Est.

0.9%

new dwellings approved / stock · Modelled estimate

Low supply pressure

5-year price history

2020

$710k

2021

$925k

2022

$1000k

2023

$1080k

2025

$818k

Source: VIC Gov · 2025 · all sources

Market overview

SKENES CREEK NORTH 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 1.9% 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

$1,172/wk

$47k taxable p.a.

Renters

24.4%

71.0% owner-occupier

Median age

53.0 yrs

Unemployment

3.4%

Population growth

+1.5% p.a.

Investor-owned

15.0%

of all dwellings (ATO)

Houses

88%

7% apartments

Degree qualified

23.7%

bachelor's or higher (ABS)

Work from home

15.4%

of employed residents (ABS Census)

Median lot size

2.4 ha

Large block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

16.8%

High Airbnb activity

Market activity

Distance to CBD

148.3 km

Regional

Days on market

63 days

Slower market

Auction clearance

42.1%

Buyer's market

Walkability

0 / 100

Car-dependent

Coastal proximity

2.9 km

Coastal

NBN technology

Satellite

Remote — satellite connection

Population density

127/km²

Low density

Schools in postcode 3233

📚1 Combined

ACARA 2025

📚Combined (1)

Apollo Bay P-12 College

Government · Yrs Prep-12

ICSEA 1043

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

Safe

90/ 100

3.1 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average

1043ICSEA · national avg 1000

1 school in postcode area

Source: ACARA My School 2025

Transit access

Car-dependent

9/ 100

🚆 0 train🚌 5 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

medium

Source: State GIS flood zone data

🔥

Bushfire risk

medium

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

medium

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in SKENES CREEK NORTH

View listings

Local professionals

Connect with agents and building inspectors who operate in SKENES CREEK NORTH. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.

Create a free account to message agents and inspectors directly.

Premium feature

Full suburb intelligence is available to Premium subscribers. Unlock unlimited research, scoring, and market signals.

Upgrade to Premium