Apsley VIC Property Investment

CAUTION — 0.9% gross yield on a $672,000 (pending peer validation) median.

Median house price in Apsley sits at $672,000 (pending peer validation) with 45 days on market and a 3.0% vacancy rate. This is a tenant-favourable market right now.

• Median house: $672,000 (pending peer validation) | Units: $0
• Gross yield: 0.9% | Net yield: -0.6%
• 5yr price CAGR: -1.9%/yr | 3yr forecast: -1.7%/yr
• Population: 329 | Owner-occupier rate: 82% | Affluence: Average

• Supply pipeline: Moderate — Strong population growth likely attracting new development approvals

• Vacancy: 3.0% (worsening) | Rental demand: Moderate
• Median weekly rent: $113/wk | Days on market: 45 (stable)
• Tenant market — vacancy elevated, negotiate hard on rent.

• Median nightly rate: $502/night | Occupancy: 48%
• Estimated annual STR gross: ~$87,873/yr
• vs long-term rent: $5,876/yr (+1395% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Standard suburban transport access

If Apsley maintains 4%+ annual growth and vacancy stays below 2.1%, median prices could reach $772,800 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Apsley pull back 10-15% from $672,000, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

• Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property
• - Negative price growth suggests a softening market
• - Distance from CBD may limit long-term capital growth potential

• St Albans (VIC): $731,405 median, 3.5% yield, 12.4% 1yr growth
• Noble Park (VIC): $825,401 median, 3.5% yield, 6.5% 1yr growth
• Deer Park (VIC): $714,583 median, 3.6% yield, 7.1% 1yr growth

Apsley carries elevated risk that outweighs potential returns at current levels. A stable market combined with moderate vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

• Entry range: $604,800 – $739,200
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.