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    Real Estate Market: Is Piries VIC 3723 a Good Suburb to Buy Into?

    Housing Market in Piries
    Key Piries Metrics & Forecast to 2028
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Hume Trend
    Capital Growth Forecast: Houses
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    Capital Growth Forecast: Houses (2-Year Outlook)
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    Median yield for houses
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    Smart median rent: All houses
    		$537 Bottom 33% 114% to Mar 2025
    Smart median sale price: All houses
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    Housing Supply in Piries
    Piries Real Estate Investor Report
    Sample Graphic
    The higher the supply score the more supply is on the market, both current and future.
    Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
    Piries
    33.8%
    Piries
    33.8%
    Hume
    36.0%
    Hume
    36.0%
    Compare
    Suburbs
    Field Value VS Hume Trend
    Development applications
    		0 Bottom 38% Data for Jun 2025
    Developments
    		0.0 Bottom 10% Data for Jul 2023
    Housing Stock Quality Indicator
    Total new residential buildings value (SA2)
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    Days on market: houses
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    Volume of houses sold in the last 30 days
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    Volume of units sold in the last 30 days
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    Stock on Market
    		0 Bottom 26% Data for Apr 2025
    Housing Stock Quality in Piries
    The higher the score, the higher the quality of the houses and units.
    Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
    Field Value VS Hume Trend
    Houses
    		100.0% Top 31% Data for Jan 2021
    Average bedrooms - all homes
    		2.6 Top 39% 8% to Jan 2021
    NBN connection: fibreoptic cable to node
    		0.0% Bottom 37% Data for Jun 2023
    Development Restrictions in Piries
    Piries Zoning Map
    Sample Graphic
    The higher the score, the more easily density can be increased.
    Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
    Piries
    21.0%
    Piries
    21.0%
    Hume
    25.1%
    Hume
    25.1%
    Compare
    Suburbs
    Field Value VS Hume Trend
    Heritage overlay total area
    		0.0 sq km Bottom 18% Data for Jun 2023
    Risk in Piries
    Piries Risk Report
    Sample Graphic
    The higher the score, the more exposed households are to financial stress.
    Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
    Piries
    32.4%
    Piries
    32.4%
    Hume
    47.6%
    Hume
    47.6%
    Compare
    Suburbs
    Field Value VS Hume Trend
    % Owner Occupied
    		100.0% Top 11% Data for May 2023
    % Rentals
    		0.0% Bottom 11% Data for May 2023
    Housing Affordability Index
    		52 Top 12% Data for Jun 2023
    Median monthly mortgage
    		$1,380 Bottom 23% 16% to May 2023
    Rent Affordability Index (Houses)
    		75 Bottom 30% Data for Jun 2023
    Rent Affordability Index (Units)
    		75 Bottom 45% Data for Jun 2023
    Mortgage as a percent of income
    		21.1% Bottom 43% 48% to Jan 2021
    Mortgaged Dwellings
    		18.6% Bottom 6% 7% to May 2023
    Housing Demand in Piries
    The higher the score, the more demand their is for housing in the area, both current and future.
    Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
    Piries
    35.8%
    Piries
    35.8%
    Hume
    49.4%
    Hume
    49.4%
    Compare
    Suburbs
    Field Value VS Hume Trend
    Net internal migration (LGA)
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    Net overseas migration (LGA)
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    Future Population (SA2)
    		13000 Top 46% 23% to Dec 2036
    Historical Population (SA3)
    		61200 Bottom 46% 31% to Dec 2023
    Historical population growth
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    Population (LGA)
    		10500 Bottom 44% 56% to Dec 2030
    Population Projection (LGA)
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    Proportion of distressed listings
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    Unit Market in Piries
    Piries Unit Investor Report
    Sample Graphic
    Sources: Property Listings and Microburbs, 2002 - 2023
    Field Value VS Hume Trend
    Capital Growth Forecast: Units
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    Capital Growth Forecast: Units (2-Year Outlook)
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    Smart median sale price: All units
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    Unit to house ratio
    		122.0% Top 6% 28% to Mar 2025
    LGA Details (1)
    Percent of Renters by Street (6)
    Turnover Rate by Street (5)
    Recently Sold Houses (8)
    Median House Sale Prices by Street (75)
    Recent Rental House Listings (100)
    Recently Sold Units (100)
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    Profiles
    People & Lifestyle
    Crime & Disadvantage
    Real Estate
    Affluence & Economy
    Environment
    Nearby Suburbs
    Mountain Bay
    Mansfield (Vic.)
    Delatite
    Goughs Bay
    Howqua
    Howqua Inlet
    Lake Eildon
    Macs Cove
    Boorolite
    Jamieson (Vic.)