Toolern Vale VIC Property Investment

Melton · 3337

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Median House Price

N/A

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

N/A

Population (Census 2021)

818

Toolern Vale Short-Term Rental Market

Short-stay estimate: run a brief

New dwellings approved

New dwellings approved, Melton council area, 12 months to Aug 2026: 4,603. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Toolern Vale.

Suburb Metric Thresholds

2 green2 yellow3 red

Population growth 2016–21, postcode 3337 (ABS Census)

2.24 high impact

Median Household Income

1462 medium impact

Public Transport Score

0 medium impact

School Zone Quality

5.6 medium impact

Distance to CBD

39.77 medium impact

SEIFA Advantage/Disadvantage

2 medium impact

Owner Occupier Rate

70.8 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3337

Most disadvantagedLeast disadvantaged

Decile 2 of 10 — High disadvantage

Population (suburb)

818

Education (IEO)

2/10

Econ. Resources (IER)

4/10

Schools

In your catchment

Toolern Vale and District Primary School

PrimaryGovernment

5.6/10

Kurunjang Secondary College

SecondaryGovernment

5/10

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.