Suburb Profile Report for Seabrook VIC (3028)

Seabrook House: Median price $560,500, Annual capital growth 7.61%, Number of sales 97, Weekly median advertised rent $360

Seabrook Unit: Median price $387,000, Annual capital growth 6.55%, Number of sales 17, Weekly median advertised rent $315

  • 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 Seabrook, 3028 should be relatively 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 12.32%

When looking at the potential capital gains offered to property investors over the last 3 years, Seabrook comes in at number 252th in VIC.

Property buyers and investors in Seabrook 3028 should be seeing an average reduction in asking price of around -1.94% . This means that Seabrook is holding prices well when compared to other suburbs in VIC.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.34%, without taking into account capital value appreciation, which has been averaging out at 7.61%.

Over the last year, property investments in Seabrook, 3028 have given investors a capital gain of 9.79%. This compares favourably with the 4.90% for VIC as a whole.

Seabrook,3028 was ranked 943 in Australia by increase in median property value over the quarter.

Metrics i HOUSE UNIT
$560,500 $387,000
4.09% 0.32%
12.32% 9.79%
7.61% 6.55%
$360 $315
97 17
3.34% 4.23%
28.29 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), 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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