Gunbower, VIC 3566
Gunbower property market
Gunbower sees very little activity — the figures here cover a small handful of recent deals, with 8 sales at around $395k as of July 2026, taking about 525 days to sell.
House rentals come a distant second, with 2 leases at $375 a week, renting out in about 54 days.
Who lives hereA low-income, mostly owner-occupied, older-leaning suburb — mostly Australian-born and deeply settled.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Gunbower 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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Detailed, institutional-grade analysis — well beyond the usual suburb snapshot.
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 Gunbower?
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 Gunbower
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 Gunbower
Incomes, employment, and the occupation mix of the people who live here.
Household and personal income sit close together — lots of single-earner or lone-person homes.
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 Gunbower
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 Gunbower
1 school inside Gunbower, plus the closest options around it. Families can choose from 1 primary school in Gunbower 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 Gunbower · 1Order by
- 1Gunbower Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students65Multilingual50%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.
Gunbower median house price & rent
Headline price, rent, yield and time on market for Gunbower — 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.
Gunbower 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 Gunbower
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
Gunbower against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Gunbower 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.
Gunbower — Units & Houses, all bedrooms
Gunbower 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 Gunbower rose from $107k (Jul 2021) to $303k (Jun 2026) — +184.5% growth over five years — peaking at $338k between Feb 2025 and Jan 2026.
Suburbs near Gunbower: prices compared
The nearest suburbs to Gunbower, ranked by distance — each lined up against Gunbower on the same measures, so the differences jump out at a glance.
Frequently asked · Gunbower
21 data-driven answers about Gunbower's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Gunbower?
#The median house price in Gunbower, VIC 3566 is $313k as of June 2026, based on a very small number of recent sales. Houses there have moved +50.0% 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 Gunbower?
#The median weekly house rent in Gunbower is $221 as of June 2026. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Gunbower?
#A 3 bedroom house in Gunbower rents for a median $221 per week as of June 2026. 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 Gunbower?
#Gross rental yield in Gunbower is 2.20% for houses as of June 2026, compared with the VIC unit median of 4.23%. 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 Gunbower?
#As of June 2026, Gunbower medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $313k | $313k | $313k | $313k |
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 Gunbower's property market trends?
#Gunbower's property market trends to June 2026: house prices rose +50.0% year-on-year; homes now sell in a median 318 days — slower than a year ago by 352; sales supply sits at 7.1 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Gunbower market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Gunbower as an investment?
#As of June 2026 in Gunbower, house prices rose +50.0% over the year, gross rental yield is 2.20% against a VIC median of 2.93%, houses take a median 318 days to sell, sales supply is 7.1 months (saturated). 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 Gunbower?
#Houses in Gunbower sell in a median 318 days on market as of June 2026. Days on market have lengthened by 352 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Gunbower a tight or loose property market right now?
#Gunbower's sales market sits at 7.1 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.
Have property prices in Gunbower gone up or down?
#House prices in Gunbower moved +50.0% 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 it compares
Vs state, vs nearby, vs popularHow does Gunbower compare to other VIC suburbs?
#Gunbower's median house price ($313k) is 26% below the VIC median ($421k) as of June 2026. On selling speed, houses clear in 318 days vs 15 days state median. On gross yield, Gunbower sits at 2.20% vs 2.93% state median.
What's the most popular property type in Gunbower?
#The most-transacted segment in Gunbower over the 12 months to June 2026 is 2 bed houses with 2 sales. 3 bed houses come second at 2 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 Gunbower last year?
#Gunbower recorded 2 house sales and 0 unit sales over the 12 months to June 2026 — a combined 2 transactions. On the rental side, 1 house 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 Gunbower in?
#Gunbower is in postcode 3566, in the Shepparton region of VIC. Addresses there are written as Gunbower, VIC 3566.
What is the population of Gunbower?
#Gunbower, VIC 3566 is home to 301 residents (ABS Census 2021). The median resident age is 40, and the average household holds 2.0 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Gunbower?
#The median household in Gunbower earns $660 per week — roughly $34k a year (ABS Census 2021). Median personal income runs $494/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Gunbower?
#The unemployment rate in Gunbower 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 Gunbower?
#Gunbower 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 Gunbower?
#Gunbower has 5 schools within reach, 1 of them inside the suburb itself — including Gunbower Primary School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Gunbower a good place to live?
#Gunbower, VIC 3566 has a population of 301, a median age of 40, a median household income around $660/week, 50% of households renting (ABS Census 2021). There are 5 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 Gunbower market data last updated?
#This Gunbower 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.