Suburb Profile Report for Seabrook VIC (3028)

Seabrook House: Median price $509,000, Annual capital growth 6.92%, Number of sales 113, Weekly median advertised rent $365

Seabrook Unit: Median price $380,000, Annual capital growth 6.11%, Number of sales 17, Weekly median advertised rent $305

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 12.61% for the last 12 months, Seabrook, 3028 has performed for property investments than its average annual 6.92% property growth over the last 5 years.

While Seabrook,3028 ranked number 331th in VIC for increase in median house value (annualised) increase, it is ranked 299th over the last 5 years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Seabrook itself are offering an average vendor discount of -4.35% to real estate investors.

Seabrook, 3028’s gross rental yield is 3.73%

Giving property investors a a solid capital gain of 13.43% for the last year, Seabrook, 3028 is the 249th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Seabrook comes in at number 64th in VIC.

Property buyers and investors in Seabrook 3028 should be seeing an average reduction in asking price of around -6.64% . This means that Seabrook is holding prices well when compared to other suburbs in VIC.

Residents and property investors in Seabrook have been waiting around 26 days to sell a property.

Using the current median advertised rental of $305 and the average annual increase in value of a median property of 6.11%, investors should hope to achieve an overall return of 4.17%

HOUSE UNIT
$509,000 $380,000
2.00% 6.44%
12.61% 13.43%
6.92% 6.11%
$365 $305
113 17
3.73% 4.17%
39.84 26

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 4973
Median household income ($/weekly) 1445
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 770 15.5
    25-34 years 629 12.6
    35-44 years 936 18.8
    45-54 years 777 15.6
    55-64 years 476 9.6
    Others 1385 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 1931 54.0
    Not Married 1346 37.6
    Defacto Relationship 299 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3195 67.6
    Croatia 79 1.7
    Indonesia 171 3.6
    United Kingdom 172 3.6
    Other 284 6.0
    Others 828 17.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 160 3.5
    Christianity 2995 65.4
    Hinduism 148 3.2
    Islam 277 6.0
    No Religion 942 20.6
    Others 59 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 145 10.1
    $1,250-$1,499 153 10.7
    $1,500-$1,999 235 16.4
    $2,000-$2,499 181 12.6
    $2,500-$2,999 133 9.3
    Others 589 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1617 44.6
    Not in the labour force 1064 29.3
    Employed, worked part-time 689 19.0
    Employed, away from work 135 3.7
    Unemployed, looking for work 124 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 252 10.3
    Professionals 384 15.7
    Technicians & trades workers 379 15.5
    Clerical & administrative workers 442 18.1
    Labourers 250 10.2
    Others 734 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 92 7.1
    Infants/Primary 490 37.7
    Secondary 382 29.4
    Technical or Further Educational Institution 92 7.1
    University or other Tertiary Institutions 200 15.4
    Others 43 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4548 95.9
    Semi-detached, row or terrace house, townhouse 179 3.8
    Flat, unit or apartment 17 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 794 49.9
    Fully owned 501 31.5
    Rented 290 18.2
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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