Question 1

Is Victory Heights a nice place to live?

Accepted Answer

Victory Heights sits in Kalgoorlie-Boulder’s goldfields, an arid, open suburb with wide streets, big skies and predominantly single-storey homes on generous blocks from mid-century and later development. Its small community of 772 has a median age of 35 and a median household income of $2,322 a week (roughly $120,700 a year). The suburb attracts families and regional workers tied to the local mining and service economy, and households are mostly owner-occupied — about seven in ten dwellings are owned and 30.8% are rented — which helps give Victory Heights a practical, laid-back feel grounded in everyday routines.

Everyday conveniences are close by: shops, schools and sporting facilities in Kalgoorlie are easily accessible, local public-transport stops serve the suburb, and Kalgoorlie Regional Hospital lies about 4.2 kilometres away. There are no significant new infrastructure projects reported at present, so whether Victory Heights suits you will come down to whether you want a small, settled outback-town pocket with room around the houses and straightforward access to regional services.

Question 2

Is it expensive to live in Victory Heights?

Accepted Answer

A house in Victory Heights rents for about $620 a week. Against the suburb's median household income of $2,322 a week as recorded at the last Census, that rent would take roughly 26.7% (about 27%) of a typical local household's weekly income, which is a moderate share. For people looking to rent rather than buy, that rent share is the figure that matters; whether it feels expensive will depend on your own circumstances.

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 Victory Heights a good place to invest?

Accepted Answer

House values in Victory Heights climbed 20.4% over the past 12 months, a strong rise, while house rents rose 6.3% over the same period, a solid increase.

Put simply, the figures show houses have delivered stronger capital growth than rental income over the last year; which of those outcomes matters most will depend on your own investment goals and 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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	20.4%	N/A
Sold Past 3 months	2	N/A
Median days on market Past 12 months	25	N/A
Average rent Past 12 months	$620	N/A
Change in rent Past 12 months	6.3%	N/A

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