Gherang Suburb Profile

Victoria 3240

Gherang has 189 properties. Over the last 5 years, Houses in Gherang have seen a 88.80% increase in median value, while Units have seen a -13.29% decrease. As at 30 November 2024:

• The median value for Houses in Gherang is $2,161,046 while the median value for Units is $589,483.

The size of Gherang is approximately 28.9 square kilometres. It has 3 parks covering nearly 8.2% of total area. The population of Gherang in 2011 was 335 people. By 2016 the population was 369 showing a population growth of 10.1% in the area during that time. The predominant age group in Gherang is 50-59 years. Households in Gherang are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gherang work in a professional occupation. In 2011, 94.7% of the homes in Gherang were owner-occupied compared with 91.9% in 2016.