Question 1

Is Hurstbridge a nice place to live?

Accepted Answer

Hurstbridge is a semi-rural village in Melbourne’s outer north-east with a leafy, country atmosphere and a community-scale main street. As the terminus of the Hurstbridge train line it combines a direct rail link to the city with easy access to surrounding bushland and reserves, including walking and mountain-biking trails. The village strip has cafés, a bakery, local shops and community facilities.

The suburb has 3,554 residents, a median age of 41, and families make up a large share of households. Owner-occupation is about 89.4%. Recent council-backed work includes additional solar and a battery at the Hurstbridge Community Hub so the maternal and child health centre and childcare spaces can operate during outages, upgrades at Allwood Neighbourhood House, and transport works on the Hurstbridge line including station and car-park improvements and a planned rail-tunnel extension. Whether Hurstbridge suits you depends on how much you value space, greenery and a village lifestyle.

Question 2

Is it expensive to live in Hurstbridge?

Accepted Answer

Buying a house in Hurstbridge sits well above what local households earned at the last Census. At a median house price of $922,500, that works out to about 8.2 times a typical local household's annual income at the last Census. Renting a house looks more moderate: the average house rent of $640 a week is about 29.5% of a typical local household's weekly income at the last Census, roughly a third, so on these figures buying is the more stretched option against local incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Hurstbridge a good place to invest?

Accepted Answer

House rents in Hurstbridge rose 11.3% over the past 12 months, a strong increase, while house values fell 6.0% over the same period, a solid decline.

That means the past year saw rental income for houses rise even as their capital value fell. If rental income is your priority, the rent movement is the figure that matters; if capital growth is your priority, note the fall in house values. Whether that pattern fits your investment goals and circumstances is for you to weigh.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$923K	N/A
Change in value Past 12 months	-6.0%	N/A
Sold Past 3 months	13	N/A
Median days on market Past 12 months	17	N/A
Average rent Past 12 months	$640	N/A
Change in rent Past 12 months	11.3%	N/A

Get a property report and suburb profile for any property in Hurstbridge

Hurstbridge suburb profile

Hurstbridge property market performance

5 year median price trend for houses and units

Hurstbridge demographics

Suburbs near Hurstbridge

How does Hurstbridge compare to nearby suburbs?

Choose the right real estate agents in Hurstbridge

Get a head start and compare top local agents in Hurstbridge

Not quite ready to sell?

Suburb and property report

Digital estimate for your property

Navigate the market