Hughesdale, VICTORIA Real Estate & Suburb Profile
Comprehensive property market insights and live data for Hughesdale.
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Property Market Snapshot & Data for Hughesdale
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About Hughesdale Real Estate
Hughesdale is a suburb in Melbourne, Victoria, Australia, 14 km south-east of Melbourne's Central Business District, located within the City of Monash local government area. Hughesdale recorded a population of 7,563 at the 2021 census.
Just 2sq km in size, it is the smallest suburb in the City of Monash. Hughesdale is bordered by Poath Road to the west, Dandenong Road to the north, Warrigal Road to the east and North Road to the south.
It is named after James Vincent Hughes, former mayor of City of Oakleigh who lobbied heavily for a new station for the area in the mid-1920s.
Property Investment Potential
When analyzing the local real estate landscape, Hughesdale presents a dynamic opportunity. With median property prices sitting around $560,000 and delivering an average rental yield of 10.3%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 60 days on the market, underscoring the consistent demand in this part of Victoria. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Hughesdale
Frequently Asked Questions about Hughesdale Real Estate
What is the median house price in Hughesdale?
The median house price in Hughesdale, Victoria is currently estimated at $560,000.
Is Hughesdale a good place to invest?
With a capital growth of 6.3% over the last 12 months and an average rental yield of 10.3%, Hughesdale presents a solid opportunity for property investors.
What is the postcode for Hughesdale?
The postcode for Hughesdale in Victoria is 3166.