Willow Grove (postcode 3825) is a small community in Victoria within the Baw Baw local government area. With a population of 654, the suburb has an established family demographic with a median age of 42. Households earn a median income of $94K per year, with an average household size of 2.7 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% 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, technicians & trades, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are English, Australian, Scottish.
The median house price in Willow Grove is $482,000, having climbed sharply by 24.1% over the past year. The current median weekly rent is $525. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,600.
Willow Grove is served by 1 school, including 1 primary. The average ICSEA score is 1002, which is around the national average of 1,000. The crime rate in the Baw Baw LGA is moderate at 7,909 incidents per 100,000 population.
Looking at the investment signals, Willow Grove shows a gross rental yield of approximately 5.7%, rated as high yield. Property prices sit below the state median ($482K/$850K), which can point to relative value. The price-to-income ratio of 5.1x is considered affordable. House prices have moved +24.1% year-on-year. Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.