APD Research Memo
Point Cook
Stable · High confidence · Strong evidence · 30 August 2026
Conditions read as stable on median rent at $654 against a $571 historical average; median house value at $809,278 against a $753,774 historical average; sales volume at 104 against a 84 historical average; price-to-rent multiple at 24 against a 25 historical average.
APD View — Point Cook
Point Cook: conditions stable
Current data indicates conditions in Point Cook are stable. 14 indicators across 5 analytical dimensions inform this reading, with 71% pointing the same way.
Direction
Stable
Confidence
High
Evidence strength
Strong
Direction describes where underlying conditions are moving. It is not a rating, a recommendation or a signal to transact — a market can be improving while remaining expensive, low-yielding or supply-exposed.
Why this confidence — Based on 14 indicators, 60 months of history, 71% of indicators pointing the same way, latest data 29 days old.
Evidence basis — Based on 14 indicators, 1 independent source, 60 months of history. Latest data 29 days old.
What changed
| Indicator | Now | 1 month | 1 quarter |
|---|---|---|---|
| 12-month price growth | 2.6% | 2.8% | 3.0% |
| Days on market | 38 days | 39 days | 41 days |
| Advertised listings | 229.68 | 238.68 | 247.85 |
| Building approvals | 57.42 | 58.66 | 60.66 |
| Vacancy rate | 1.9% | 1.9% | 1.9% |
| Rental growth | 5.7% | 6.0% | 5.8% |
| Auction clearance | 64.1% | 64.4% | 63.1% |
| Sales volume | 104.4 | 105.29 | 102.88 |
What supports this view
- Median rent — $654 against a historical average of $571. Advertised rents sit above the historical average for this market. Historical percentile: 97.
- Median house value — $809,278 against a historical average of $753,774. House values sit above the historical average for this market. Historical percentile: 97.
- Sales volume — 104.4 against a historical average of 83.81. Transaction volumes are running above the historical average. Historical percentile: 93.
- Price-to-rent multiple — 23.8 against a historical average of 25.47. Prices are low relative to rents compared with the historical average. Historical percentile: 2.
- Vendor discounting — -4.0% against a historical average of -3.6%. Sellers are accepting smaller reductions than normal. Historical percentile: 5.
- Gross yield — 4.2% against a historical average of 3.9%. Gross yields sit above the historical average for this market. Historical percentile: 87.
What works against it
- 12-month price growth argues the other way — 12-month price growth reads 2.6% against a 3.1% historical average (8th percentile), which works against the current reading.
- Vacancy rate argues the other way — Vacancy rate reads 1.9% against a 1.5% historical average (95th percentile), which works against the current reading.
- Rental growth argues the other way — Rental growth reads 5.7% against a 6.0% historical average (21th percentile), which works against the current reading.
- Building approvals argues the other way — Building approvals reads 57 against a 50 historical average (63th percentile), which works against the current reading.
- 12-month price growth — 2.6%. Annual price growth is running below its historical average. Historical percentile: 8.
- Vacancy rate — 1.9%. Rental availability is looser than the historical norm. Historical percentile: 95.
- Rental growth — 5.7%. Rental growth is running below its historical average. Historical percentile: 21.
- Building approvals — 57.42. Dwelling approvals are running above the historical average, pointing to more future supply. Historical percentile: 63.
This memo is research, not personal advice, and does not take your circumstances into account. It describes the direction of underlying conditions on the evidence available and states what would change that conclusion. Methodology · Markets we're watching