Suburb Profile Report for Werribee South VIC (3030)

Werribee South House: Median price $535,000, Annual capital growth 4.99%, Number of sales 13, Weekly median advertised rent $368

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

Source: CoreLogic

  • House Report

At number 4114th in the list of Australian suburbs ordered by increase in median house value over the last year, Werribee South, 3030 is in the BOTTOM 10% with a property value increase of -23.58% recorded in median house prices.

While Werribee South,3030 ranked number 651th in VIC for increase in median house value (annualised) increase, it is ranked 492th over the last 5 years.

A $367.5 per week rent on the median house gives suburb investors a gross yield of circa 3.57%, without taking into account capital value appreciation, which has been averaging out at 4.99%.

Metrics i HOUSE UNIT
$535,000 N/A
-2.73% N/A
-23.58% N/A
4.99% N/A
$368 N/A
13 N/A
3.57% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 1618
Median household income ($/weekly) 1127
Median age of persons 45
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 179 11.1
    35-44 years 217 13.4
    45-54 years 257 15.9
    55-64 years 280 17.3
    65-74 years 173 10.7
    Others 512 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 695 55.7
    Not Married 471 37.7
    Defacto Relationship 82 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1162 77.4
    Hong Kong 68 4.5
    Japan 77 5.1
    Papua New Guinea 26 1.7
    United Kingdom 69 4.6
    Others 100 6.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1215 82.4
    No Religion 237 16.1
    Islam 17 1.2
    Buddhism 6 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 57 11.1
    $600-$799 54 10.5
    $800-$999 51 9.9
    $1,000-$1,249 52 10.1
    $1,500-$1,999 67 13.0
    Others 233 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 511 39.6
    Not in the labour force 464 36.0
    Employed, worked part-time 224 17.4
    Employed, away from work 53 4.1
    Unemployed, looking for work 38 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 207 26.3
    Professionals 89 11.3
    Technicians & trades workers 101 12.8
    Clerical & administrative workers 132 16.8
    Sales 72 9.1
    Others 187 23.7
    Occupation
    Census Count Percent(%)
    Pre-school 17 6.3
    Infants/Primary 99 36.4
    Secondary 78 28.7
    Technical or Further Educational Institution 17 6.3
    University or other Tertiary Institutions 45 16.5
    Others 16 5.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1350 89.4
    Caravan, cabin, houseboat 78 5.2
    Flat, unit or apartment 45 3.0
    Semi-detached, row or terrace house, townhouse 37 2.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 318 54.9
    Rented 137 23.7
    Being purchased 118 20.4
    Other tenure type 6 1.0
    Tenure Type
Census 2011, ABS
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