Suburb Profile Report for Derrimut VIC (3030)

Derrimut House: Median price $524,000, Annual capital growth 4.10%, Number of sales 108, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Derrimut, 3030 have given investors a capital gain of 12.21%. This compares favourably with the 8.06% for VIC as a whole.

While Derrimut,3030 ranked number 462th in VIC for increase in median house value (annualised) increase, it is ranked 333th over the last 5 years.

Vendor discounting in Derrimut is giving property investors an average Vendor Discount of around -3.94%. This puts suburb at number 505th in VIC when ranking the most discounted suburbs.

Derrimut, 3030’s gross rental yield is 3.97%

HOUSE UNIT
$524,000 N/A
0.77% N/A
12.21% N/A
4.10% N/A
$400 N/A
108 N/A
3.97% N/A
41.12 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Derrimut VIC
Demographics
Total population 5991
Median household income ($/weekly) 1741
Median age of persons 29
Median housing loan repayment ($/monthly) 2123
Average household size 3.3
  • Census Count Percent(%)
    0-4 years 801 13.4
    5-14 years 851 14.2
    25-34 years 1654 27.6
    35-44 years 1073 17.9
    45-54 years 507 8.5
    Others 1105 18.4
    Age Group
    Census Count Percent(%)
    Registered Married 2230 55.0
    Not Married 1366 33.7
    Defacto Relationship 458 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2788 49.5
    Indonesia 263 4.7
    Philippines 513 9.1
    Viet Nam 483 8.6
    Other 607 10.8
    Others 975 17.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 705 12.9
    Christianity 3256 59.7
    Hinduism 279 5.1
    Islam 338 6.2
    No Religion 794 14.6
    Others 78 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 159 10.1
    $1,250-$1,499 161 10.2
    $1,500-$1,999 288 18.3
    $2,000-$2,499 304 19.3
    $2,500-$2,999 156 9.9
    Others 509 32.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2147 52.7
    Not in the labour force 923 22.7
    Employed, worked part-time 603 14.8
    Employed, away from work 207 5.1
    Unemployed, looking for work 191 4.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 562 19.0
    Technicians & trades workers 409 13.8
    Clerical & administrative workers 509 17.2
    Machinery operators & drivers 358 12.1
    Labourers 320 10.8
    Others 799 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 182 12.6
    Infants/Primary 531 36.7
    Secondary 329 22.7
    Technical or Further Educational Institution 120 8.3
    University or other Tertiary Institutions 225 15.5
    Others 60 4.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5669 99.7
    Semi-detached, row or terrace house, townhouse 11 0.2
    Flat, unit or apartment 8 0.1
    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 1226 72.3
    Rented 351 20.7
    Fully owned 115 6.8
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals