Get a property report and suburb profile for any property in Point Cook

Point Cook is a coastal suburb on the shores of Port Phillip Bay, with foreshore reserves, wetlands and the Point Cook Coastal Park that are popular for walks, birdwatching and offshore views. The historic RAAF base and aviation museum give the area an aeronautical character. Residential neighbourhoods are largely recent, featuring modern brick homes, townhouses and lakeside pockets, and there are community parks, shopping centres, schools and recreational facilities including a golf course. Public buses link to the nearby train station and major arterial roads, keeping the area accessible while retaining a coastal village feel.

Home to 66,781 people with a median age of 33 and a typical household income of $2,392 a week, Point Cook is largely family-oriented: couple families with children make up 63.4% of families, and about two-thirds of homes are owner-occupied while roughly one-third are rented. Several civic projects are active or planned, from reserve upgrades and a community centre to a community hospital site, new schools and a police station under construction. Whether Point Cook suits you depends on whether a coastal, family-centred suburb with these amenities matches what you want.

On these figures, buying a house in Point Cook sits well above what a typical local household earned at the last Census: the median house price of $823,000 is about 6.6 times a typical local annual household income at the last Census.

On the rental side, against a typical local household's weekly income at the last Census, a house rent of $570 a week would take about 23.8% of income, a moderate share, while a unit at $475 a week would take about 19.9%, a modest share. If you are renting those rent shares are the most relevant numbers; if you are buying the price multiple shows purchase sits well above local incomes at the last Census.

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

Over the past 12 months in Point Cook, house values rose a solid 6.5% while unit values fell 7.4%. Unit rents edged down 1.0% over the same period.

On these figures, the capital growth this year has been on the house side, whereas units have lost value and seen a slight fall in the rent they earn. Which of those outcomes matters to you depends on whether you prioritise capital growth or rental income and on your own circumstances.

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.