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Cardinia Shire

Iona

Iona Property Market
& Suburb Profile

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MEDIAN PRICES IN IONA

Median house price

(all agencies, last 12 months)$750k*

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

IONA price TRACKER

Houses

Iona Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$634pw

House rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)2.71%

Iona total population size

(as at the last census)240

Median household size in Iona

(as at the last census)2.8

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Iona property types

  • Houses 67%
  • Other 33%

OCCUPANCY in Iona

  • Owned 86%
  • Rented 4%
  • Other/Not Stated 10%
  • Singles 15%
  • Families 81%
  • Other 0%

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About Iona

Iona is a rural town of Victoria, about 74km south-east of Melbournes CBD.

Spread out across acres of farmland and paddocks, and a recently recorded population of only 228, Iona is perfect for fresh air and country living and right next to Bunyip and Longwarry for your daily needs such as schools, shopping, pharmacy etc.

Good for:

  • Peace and Quiet
  • Parks and Recreation
  • Clean and Green

Who lives here?

  • Retirees
  • Families with kids
  • Professionals
  • Singles

Suburbs nearby:

  • Bunyip
  • Catini
  • Cora Lynn
  • Garfield
  • Garfield North
  • Labertouche
  • Longwarry

Reference: Wikipedia

Are we missing anything about Iona or does anything here need updating? Feel free to email us suggestions to: [email protected]

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Sales Comparison

Find out how Iona median sales prices compare to neighbouring suburbs.

Iona MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20252$375,000no change0$634pw2.71%
20241$325,000-28.96%0$622pw2.63%
20232$457,500-46.18%0$580pw2.43%
20224$1,700,00061.90%0$510pw2.10%
20213$1,050,00070.04%0$455pw1.91%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20252$375,000no change
20241$325,000-28.96%
20232$457,500-46.18%
20224$1,700,000+61.90%
20213$1,050,000+70.04%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20250$634pw2.71%
20240$622pw2.63%
20230$580pw2.43%
20220$510pw2.10%
20210$455pw1.91%

PROUDLY SERVICING Iona

Barry Plant
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Barry Plant
Warragul - Drouin

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.