Suburb Profile Report for Seddon VIC (3011)

Seddon House: Median price $920,000, Annual capital growth 9.85%, Number of sales 88, Weekly median advertised rent $488

Seddon Unit: Median price $498,500, Annual capital growth 5.74%, Number of sales 34, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Seddon have tracked just higher than the VIC average of 8.12% over the last 12 months.

While Seddon,3011 ranked number 150th in VIC for increase in median house value (annualised) increase, it is ranked 119th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Seddon, 3011. Typically our figures indicate that -5.50% is being offered, which puts this VIC suburb at 2200th most discounted overall in Australia.

Seddon is an average performer in VIC when comparing median price capital growth over the last year. Seddon gave property investors a good capital gain figure when compared to the rest of the state, with 6.86%.

Seddon,3011 has offered an average of 6.86% return per annum in house price rises to property investors over the last three years.

Advertised rents are around the $350 mark per week – giving a return of 3.65% based on the median price in Suburb

Metrics i HOUSE UNIT
$920,000 $498,500
4.55% 2.47%
11.85% 6.86%
9.85% 5.74%
$488 $350
88 34
2.76% 3.65%
68.52 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 4851
Median household income ($/weekly) 1561
Median age of persons 35
Median housing loan repayment ($/monthly) 2077
Average household size 2.4
  • Census Count Percent(%)
    0-4 years 428 8.8
    5-14 years 389 8.0
    25-34 years 1081 22.3
    35-44 years 976 20.1
    45-54 years 699 14.4
    Others 1277 26.3
    Age Group
    Census Count Percent(%)
    Not Married 1618 43.6
    Registered Married 1463 39.4
    Defacto Relationship 633 17.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3045 66.3
    Papua New Guinea 124 2.7
    United Kingdom 187 4.1
    Viet Nam 259 5.6
    Other 268 5.8
    Others 708 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 291 6.6
    Christianity 2041 46.6
    Hinduism 106 2.4
    Islam 118 2.7
    No Religion 1760 40.2
    Others 60 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 146 8.2
    $1,250-$1,499 152 8.6
    $1,500-$1,999 203 11.5
    $2,000-$2,499 195 11.0
    $2,500-$2,999 208 11.7
    Others 867 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1805 47.3
    Not in the labour force 981 25.7
    Employed, worked part-time 742 19.4
    Employed, away from work 164 4.3
    Unemployed, looking for work 127 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 389 14.3
    Professionals 943 34.7
    Technicians & trades workers 276 10.2
    Community & personal service workers 233 8.6
    Clerical & administrative workers 376 13.8
    Others 498 18.3
    Occupation
    Census Count Percent(%)
    Pre-school 72 7.2
    Infants/Primary 263 26.2
    Secondary 154 15.3
    Technical or Further Educational Institution 136 13.5
    University or other Tertiary Institutions 321 31.9
    Others 59 5.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3596 78.4
    Flat, unit or apartment 564 12.3
    Semi-detached, row or terrace house, townhouse 383 8.4
    House or flat attached to a shop, office 43 0.9
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 724 37.8
    Being purchased 719 37.6
    Fully owned 460 24.0
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals