Rhyll, VIC 3923
Rhyll property market
Most of Rhyll's activity is house sales, with 18 sales at around $774k as of July 2026, taking about 149 days to sell, one of the country's least in-demand house markets.
House rentals make up a much smaller share, with 6 leases at $485 a week, renting out in about 11 days. Followed by 1 unit rentals at $405 a week and 1 unit sales at around $310k.
Who lives hereA below-average-income, largely mortgage-free, retirement-age suburb.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Rhyll demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Rhyll?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Rhyll
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Rhyll
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.6× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Rhyll
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Rhyll
1 school inside Rhyll, plus the closest options around it. Families can choose from 1 primary school in Rhyll and its surrounds, and 1 high school covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Rhyll · 1Order by
- 1Newhaven CollegeIndependent · Combined · Co-ed · Years Prep-12 · Within suburbState RankTop 50%English★★★★★★★★★★Maths★★★★★★★★★★Students138Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Rhyll median house price & rent
Headline price, rent, yield and time on market for Rhyll — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Rhyll property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Rhyll
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Rhyll against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Rhyll in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
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Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
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Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Rhyll — Units & Houses, all bedrooms
Rhyll median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Rhyll fell from $532k (Jul 2021) to $502k (Jun 2026) — a 5.6% decline over five years — peaking at $851k between May 2024 and Apr 2025. Median house rent went from $311/wk to $387/wk (+24.4%) over the same period. For units, the median sale price fell from $290k to $245k (−15.3%) over the same period.
Suburbs near Rhyll: prices compared
The nearest suburbs to Rhyll, ranked by distance — each lined up against Rhyll on the same measures, so the differences jump out at a glance.
Suburbs like Rhyll
Suburbs anywhere in VIC that behave like Rhyll — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Rhyll vs Silverleaves: the closest sales-market match trades at a median of $634k against Rhyll's $499k — about 27% higher, with homes selling in 78 days versus 86 days here.
Comparable sales markets to Rhyll: Silverleaves property growth, Hazelwood North property growth, Porepunkah median house price, Malmsbury property growth and Harcourt property growth.
Frequently asked · Rhyll
25 data-driven answers about Rhyll's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Rhyll?
#The median house price in Rhyll, VIC 3923 is $499k as of June 2026, based on 3 sales over the past 12 months. Houses there have moved +0.5% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Rhyll?
#The median unit price in Rhyll, VIC 3923 is $499k as of June 2026, based on 3 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Rhyll?
#The median weekly house rent in Rhyll is $318 as of June 2026, drawn from a very small number of recent leases. Units rent for around $318 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Rhyll?
#A 3 bedroom house in Rhyll rents for a median $318 per week as of June 2026, drawn from a very small number of recent leases. Unit rents: 2-bedroom $318/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Rhyll?
#Gross rental yield in Rhyll is 2.95% for houses and 2.95% for units as of June 2026, compared with the VIC unit median of 3.69%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Rhyll?
#As of June 2026, Rhyll medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $499k | $499k | $499k | $499k |
| Units | — | $499k | — | — | $499k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Rhyll's property market trends?
#Rhyll's property market trends to June 2026: house prices rose +0.5% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 86 days — slower than a year ago by 58; sales supply sits at 1.1 months (severe). Read together — price, rent, selling speed and supply — they show which way the Rhyll market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Rhyll as an investment?
#As of June 2026 in Rhyll, house prices rose +0.5% over the year, gross rental yield is 2.95% against a VIC median of 2.79%, houses take a median 86 days to sell, sales supply is 1.1 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Rhyll?
#Houses in Rhyll sell in a median 86 days on market as of June 2026, with units clearing slightly similarly at 86 days. Days on market have lengthened by 58 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Rhyll a tight or loose property market right now?
#Rhyll's sales market sits at 1.1 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 1.4 months of supply.
Have property prices in Rhyll gone up or down?
#House prices in Rhyll moved +0.5% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Rhyll?
#Rhyll's house rental market sits at 1.4 months of supply as of June 2026 — classified as Tight, with 2 houses leased over the past 12 months. Units sit at 0.7 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Rhyll in its property market cycle?
#Rhyll's house market is currently in the 'softer_weakening' phase as of June 2026 — combining low sales velocity (bottom quartile nationally) with year-on-year loosening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Rhyll compare to other VIC suburbs?
#Rhyll's median house price ($499k) is 22% below the VIC median ($638k) as of June 2026. On selling speed, houses clear in 86 days vs 20 days state median. On gross yield, Rhyll sits at 2.95% vs 2.79% state median.
How does Rhyll compare to neighbouring suburbs?
#Rhyll's most-similar nearby market is Silverleaves (2.1 km away) with a median house price of $634k — about 27% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Rhyll?
#The most-transacted segment in Rhyll over the 12 months to June 2026 is 2 bed houses with 4 sales. 3 bed houses come second at 4 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Rhyll last year?
#Rhyll recorded 4 house sales and 4 unit sales over the 12 months to June 2026 — a combined 8 transactions. On the rental side, 2 houses and 2 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Rhyll in?
#Rhyll is in postcode 3923, in the Gippsland region of VIC. Addresses there are written as Rhyll, VIC 3923.
What is the population of Rhyll?
#Rhyll, VIC 3923 is home to 698 residents (ABS Census 2021). The median resident age is 41, and the average household holds 1.2 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Rhyll?
#The median household in Rhyll earns $997 per week — roughly $52k a year (ABS Census 2021). Median personal income runs $621/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Rhyll?
#The unemployment rate in Rhyll is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Rhyll?
#Rhyll is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Rhyll?
#Rhyll has 14 schools within reach, 1 of them inside the suburb itself — including Newhaven College. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Rhyll a good place to live?
#Rhyll, VIC 3923 has a population of 698, a median age of 41, a median household income around $997/week, 50% of households renting (ABS Census 2021). There are 14 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Rhyll market data last updated?
#This Rhyll market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.