Churchill is a planned university town built around Federation University's Gippsland campus — a suburb with Australia's most concentrated student rental demand, sub-$295K entry prices, yields approaching 7%, and extraordinary return metrics making it a standout for Melbourne yield-seeking investors. At the current $295k median house price, an 80% loan at 6.25% over 30 years is about $1,453 per month.
| Median house price | $295,000 |
|---|---|
| Median unit price | $200,000 |
| Estimated monthly repayment | $1,453 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 10.5% |
| Gross rental yield | 7% |
| Typical days on market | 13 |
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