Halls Gap, VIC 3381
Halls Gap property market
House sales dominate Halls Gap, with 19 sales at around $595.5k as of July 2026, taking about 89 days to sell, one of the country's least in-demand house markets.
House rentals are the only other notable market, with 8 leases at $420 a week, renting out in about 27 days. Followed by 1 unit sales at around —.
Who lives hereA below-average-income, mostly owner-occupied, older-leaning suburb — newcomer-heavy and very walkable.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Halls Gap 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 Halls Gap?
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 Halls Gap
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 Halls Gap
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.5× 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 Halls Gap
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 Halls Gap
1 school inside Halls Gap, plus the closest options around it. Families can choose from 2 primary schools in Halls Gap and its surrounds — no high school sits within this radius. 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 Halls Gap · 1Order by
- 1Halls Gap Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students15Multilingual50%ICSEA Rank50th
- Nearby · within 5 km · 1
- 2Pomonal Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Pomonal · 4.5 kmState Rank—English—Maths—Students15Multilingual50%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.
Halls Gap median house price & rent
Headline price, rent, yield and time on market for Halls Gap — 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.
Halls Gap 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 Halls Gap
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
Halls Gap against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Halls Gap 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.
Halls Gap — Units & Houses, all bedrooms
Halls Gap 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 Halls Gap rose from $355k (Jul 2021) to $503k (Jun 2026) — +41.5% growth over five years — peaking at $558k between Apr 2023 and Mar 2024. Median house rent went from $164/wk to $219/wk (+33.5%) over the same period. For units, the median sale price rose from $309k to $404k (+30.6%) over the same period.
Suburbs near Halls Gap: prices compared
The nearest suburbs to Halls Gap, ranked by distance — each lined up against Halls Gap on the same measures, so the differences jump out at a glance.
Suburbs like Halls Gap
Suburbs anywhere in VIC that behave like Halls Gap — 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.)
Halls Gap vs Marlo: the closest sales-market match trades at a median of $486k against Halls Gap's $502k — about 3% lower, with homes selling in 64 days versus 181 days here.
Comparable sales markets to Halls Gap: Marlo house prices, Raymond Island property market, Mount Beauty median house price, Katunga property market and Boolarra median house price.
Frequently asked · Halls Gap
24 data-driven answers about Halls Gap's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Halls Gap?
#The median house price in Halls Gap, VIC 3381 is $502k as of June 2026, based on 4 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.
How much does it cost to rent in Halls Gap?
#The median weekly house rent in Halls Gap is $305 as of June 2026, drawn from a very small number of recent leases. 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 Halls Gap?
#A 3 bedroom house in Halls Gap rents for a median $305 per week as of June 2026, drawn from a very small number of recent leases. Across other house sizes: 2-bedroom $305/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 Halls Gap?
#Gross rental yield in Halls Gap is 2.97% for houses as of June 2026, compared with the VIC unit median of 3.03%. 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 Halls Gap?
#As of June 2026, Halls Gap medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $502k | $502k | — | $502k |
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 Halls Gap's property market trends?
#Halls Gap's property market trends to June 2026: house prices rose +0.5% year-on-year; weekly house rents moved +50.0%; homes now sell in a median 181 days — slower than a year ago by 7; sales supply sits at 4.0 months (loose). Read together — price, rent, selling speed and supply — they show which way the Halls Gap market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Halls Gap as an investment?
#As of June 2026 in Halls Gap, house prices rose +0.5% over the year, gross rental yield is 2.97% against a VIC median of 2.64%, houses take a median 181 days to sell, sales supply is 4.0 months (loose). 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 Halls Gap?
#Houses in Halls Gap sell in a median 181 days on market as of June 2026. Days on market have lengthened by 7 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Halls Gap a tight or loose property market right now?
#Halls Gap's sales market sits at 4.0 months of supply for houses as of June 2026 — classified as Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.5 months of supply.
Have property prices in Halls Gap gone up or down?
#House prices in Halls Gap moved +0.5% over the 12 months to June 2026. 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 Halls Gap?
#Halls Gap's house rental market sits at 0.5 months of supply as of June 2026 — classified as Severe (extreme shortage), with 3 houses leased over the past 12 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Halls Gap in its property market cycle?
#Halls Gap's house market is currently in the 'softer_firming' phase as of June 2026 — combining above-median sales velocity 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 Halls Gap compare to other VIC suburbs?
#Halls Gap's median house price ($502k) is 3% below the VIC median ($517k) as of June 2026. On selling speed, houses clear in 181 days vs 25 days state median. On gross yield, Halls Gap sits at 2.97% vs 2.64% state median.
How does Halls Gap compare to neighbouring suburbs?
#Halls Gap's most-similar nearby market is Marlo (321.4 km away) with a median house price of $486k — about 3% cheaper. 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 Halls Gap?
#The most-transacted segment in Halls Gap 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 Halls Gap last year?
#Halls Gap recorded 4 house sales and 4 unit sales over the 12 months to June 2026 — a combined 8 transactions. On the rental side, 3 houses and 0 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Halls Gap in?
#Halls Gap is in postcode 3381, in the North West region of VIC. Addresses there are written as Halls Gap, VIC 3381.
What is the population of Halls Gap?
#Halls Gap, VIC 3381 is home to 442 residents (ABS Census 2021). The median resident age is 32, and the average household holds 1.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Halls Gap?
#The median household in Halls Gap earns $976 per week — roughly $51k a year (ABS Census 2021). Median personal income runs $667/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Halls Gap?
#The unemployment rate in Halls Gap 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 Halls Gap?
#Halls Gap 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 Halls Gap?
#Halls Gap has 2 schools within reach, 1 of them inside the suburb itself — including Halls Gap Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Halls Gap a good place to live?
#Halls Gap, VIC 3381 has a population of 442, a median age of 32, a median household income around $976/week, 50% of households renting (ABS Census 2021). There are 2 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 Halls Gap market data last updated?
#This Halls Gap 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.