Halls Gap is a sparsely populated locality in Victoria within the Northern Grampians local government area (postcode 3381). With a population of 495, the suburb has an established family demographic with a median age of 44. Households earn a median income of $62K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, professionals, labourers. Employment in the area leans toward accommodation & food and healthcare. The top ancestries reported are English, Australian, Scottish.
Halls Gap has a median house price of $621,000, which has surged by 11.8% year-on-year. The current median weekly rent is $400. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,300.
Halls Gap is served by 1 school, including 1 primary. The average ICSEA score is 1017, which is around the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Northern Grampians LGA is higher than average at 14,675 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.4% (moderate yield). Property prices are near the state median ($621K/$850K). The price-to-income ratio of 10.0x is considered moderate. House prices have moved +11.8% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.