Suburb Profile Report for Seddon VIC (3011)

Seddon House: Median price $957,500, Annual capital growth 9.77%, Number of sales 76, Weekly median advertised rent $500

Seddon Unit: Median price $495,000, Annual capital growth 3.83%, Number of sales 29, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Seddon, 3011 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 15.36%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Seddon has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Seddon are currently offering property investors an average price cut of -4.98% below the asking price at the moment.

The VIC suburb of Seddon, 3011 is in the Maribyrnong local government area.

Seddon has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 8.20% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Seddon has increased when compared to the 5 year average annual rate.

Situated 6.55km from the CBD, Seddon is one of Maribyrnong localities in the postcode 3011.

Metrics i HOUSE UNIT
$957,500 $495,000
2.49% -0.70%
15.36% 8.20%
9.77% 3.83%
$500 $360
76 29
2.72% 3.78%
66.35 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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