Garden City VIC Property Investment

Melbourne · 3207

Median House Price
$1.90M
Rental Yield
1.5%
Vacancy Rate
2.2%
Median Weekly Rent
$540/wk
Median Unit Price
N/A
Population
17,633
Days on Market
32 days
Annual Growth
N/A

Garden City Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$624.19/night
Occupancy Rate
48%
Est. Annual Revenue
$109K

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-03

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

4,831

2020

913

2021

2,460

2022

2,745

2023

3,903

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3207

Most disadvantagedLeast disadvantaged

Decile 8 of 10 — Low disadvantage

Population

17,633

Education (IEO)

10/10

Econ. Resources (IER)

5/10

10-Year Investment Projection

Modelled on Garden City VIC data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $540/wk median rent for Garden City. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Port Melbourne Primary School
PrimaryGovernment
8.5/10
Port Melbourne Secondary College
SecondaryGovernment
8/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.

Garden City VIC Property Market — Median, Growth, Yield · Estait | Estait