Suburb Profile Report for Laverton VIC (3028)

Laverton House: Median price $487,500, Annual capital growth 9.05%, Number of sales 123, Weekly median advertised rent $320

Laverton Unit: Median price $390,000, Annual capital growth N/A, Number of sales 18, 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 Laverton have tracked higher than the VIC average of 11.00% over the last 12 months.

Laverton,3028 has offered an average of 20.22% return per annum in house price rises to property investors over the last three 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 Laverton, 3028. Typically our figures indicate that -4.54% is being offered, which puts this VIC suburb at 2564th most discounted overall in Australia.

Property investors should expect to get $320 weekly from the median priced house in this suburb.

Giving property investors a an unimpressive capital gain of 1.30% for the last year, Laverton, 3028 is the 1070th highest performer in Australia in this respect.

Laverton,3028 was ranked 1424 in Australia by increase in median property value over the quarter.

At number 181th of VIC’s most discounted properties, Laverton is in the middle of the state/territory when listing in order of most discounted to least.

With the median price for a house in Laverton being $390000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.67%

Metrics i HOUSE UNIT
$487,500 $390,000
2.63% -3.11%
20.22% 1.30%
9.05% N/A
$320 $350
123 18
3.41% 4.67%
75.28 119

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4064
Median household income ($/weekly) 953
Median age of persons 31
Median housing loan repayment ($/monthly) 1300
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 419 10.3
    20-24 years 448 11.0
    25-34 years 942 23.2
    35-44 years 511 12.6
    45-54 years 491 12.1
    Others 1253 30.8
    Age Group
    Census Count Percent(%)
    Not Married 1748 55.6
    Registered Married 1202 38.3
    Defacto Relationship 192 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1918 50.7
    Indonesia 571 15.1
    Philippines 105 2.8
    United Kingdom 139 3.7
    Other 445 11.8
    Others 603 15.9
    Country of Birth
    Census Count Percent(%)
    Christianity 2081 56.5
    Hinduism 277 7.5
    Islam 152 4.1
    Other Religious Groups 313 8.5
    No Religion 727 19.7
    Others 136 3.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 136 10.7
    $600-$799 199 15.7
    $800-$999 140 11.0
    $1,000-$1,249 138 10.9
    $1,500-$1,999 161 12.7
    Others 494 39.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1267 40.2
    Employed, worked full-time 976 31.0
    Employed, worked part-time 577 18.3
    Unemployed, looking for work 200 6.3
    Employed, away from work 132 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 180 10.7
    Technicians & trades workers 252 14.9
    Clerical & administrative workers 205 12.2
    Machinery operators & drivers 252 14.9
    Labourers 352 20.9
    Others 446 26.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 222 22.4
    Secondary 216 21.8
    Technical or Further Educational Institution 189 19.0
    University or other Tertiary Institutions 176 17.7
    Other type of educational institution 155 15.6
    Others 35 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3500 90.8
    Flat, unit or apartment 226 5.9
    Semi-detached, row or terrace house, townhouse 121 3.1
    House or flat attached to a shop, office 7 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 593 43.3
    Being purchased 404 29.5
    Fully owned 367 26.8
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals