Your suburb, scored · Data as of Oct 2026

Underbool, VIC

Postcode 3509 · Mildura council area · Greater Mildura · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 100 / 100 — ranked #5 of 15,286 suburbs this month

Among the strongest markets in the country right now

Current buyer and rental conditions here rank in the top tier of the 15,000 suburbs we measure this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$185,000

Up 31.2% over the past 12 months of settled sales.

Median weekly rent$350/wk

That's a gross yield of 9.3% at the current median price.

Vacancy rate25%

Above the 1.5% line where the rental market starts to loosen.

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Best Streets in Underbool, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Underbool's streets below.

Other High-Scoring Suburbs in Mildura (VIC)

IndicatorUnderbool ReadingContext & Benchmark
Ripehouse R-Score100 / 100Ranked #5 of 15,286 Australian suburbs (Oct 2026)
Median House Price$185,000+31.2% over the past 12 months of settled sales
Median Weekly Asking Rent$350/wkImplies a 9.3% gross rental yield at the current median price
Rental Vacancy Rate25%Above the 1.5% tight-supply threshold
Median Days on Market72 daysPart of Mildura (VIC) council area (LGA avg R-Score 86/100)

Buyer's Agent & Quantitative Due Diligence

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Underbool VIC FAQs

Frequently Asked Questions: Investing in Underbool, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Underbool.

Is Underbool VIC a good suburb for property investment in 2026?

As of Oct 2026, Underbool (VIC 3509) scores 100/100 on the Ripehouse R-Score, ranking #5 out of 15,286 Australian suburbs. Among the strongest markets in the country right now. Key fundamentals include a median price of $185,000, median rent of $350/wk, gross yield of 9.3%, and vacancy of 25%.

What is the median house price and 12-month growth in Underbool VIC?

The current median property price in Underbool (VIC) is $185,000 (Oct 2026), representing a +31.2% change over the past 12 months. Properties in Underbool currently spend a median of 72 days on market.

What is the rental yield and vacancy rate in Underbool VIC?

In Underbool (VIC), the median weekly asking rent is $350/wk, producing a gross rental yield of 9.3%. The suburb vacancy rate is 25% as of Oct 2026.

What are the best streets in Underbool VIC?

Ripehouse Advisory scores every G-NAF street in Underbool against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Underbool Street Score tool on this page to compare individual streets.

Which council area (LGA) is Underbool VIC located in?

Underbool (VIC, postcode 3509) is located in the Mildura council area (LGA) within Greater Mildura. Across Mildura, the council-wide average R-Score is 86/100 across 39 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.