Suburb Profile Report for Delahey VIC (3037)

Delahey House: Median price $455,750, Annual capital growth 6.78%, Number of sales 84, Weekly median advertised rent $350

Delahey Unit: Median price $346,000, Annual capital growth 3.44%, Number of sales 18, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Delahey has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.94%

Comparing Delahey,3037 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Delahey is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 523th in terms of most discounted suburbs in VIC

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

Property investors who have had real estate in Delahey, 3037 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.67%

Across a shorter period, Delahey, 3037 has seen a median price increase of -2.54% over the last quarter.

At number 189th of VIC’s most discounted properties, Delahey is in the middle of the state/territory when listing in order of most discounted to least.

Residents and property investors in Delahey have been waiting around 38.92 days to sell a property.

Delahey, 3037’s gross rental yield is 4.96%

HOUSE UNIT
$455,750 $346,000
5.99% -2.54%
13.94% -2.67%
6.78% 3.44%
$350 $330
84 18
3.99% 4.96%
52.1 38.92

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
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Demographics
Total population 8443
Median household income ($/weekly) 1175
Median age of persons 33
Median housing loan repayment ($/monthly) 1511
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1283 15.2
    25-34 years 1187 14.1
    35-44 years 1301 15.4
    45-54 years 1279 15.2
    55-64 years 839 9.9
    Others 2553 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 3141 51.2
    Not Married 2692 43.9
    Defacto Relationship 302 4.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4053 51.4
    Indonesia 321 4.1
    Philippines 475 6.0
    Viet Nam 515 6.5
    Other 945 12.0
    Others 1581 20.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 924 11.9
    Christianity 5192 67.0
    Islam 541 7.0
    Other Religious Groups 205 2.6
    No Religion 762 9.8
    Others 129 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 235 10.4
    $1,000-$1,249 252 11.2
    $1,250-$1,499 230 10.2
    $1,500-$1,999 349 15.5
    $2,000-$2,499 226 10.0
    Others 965 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2350 37.8
    Not in the labour force 2250 36.2
    Employed, worked part-time 1033 16.6
    Unemployed, looking for work 310 5.0
    Employed, away from work 267 4.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 594 16.3
    Clerical & administrative workers 536 14.7
    Sales 401 11.0
    Machinery operators & drivers 504 13.8
    Labourers 587 16.1
    Others 1030 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 122 5.6
    Infants/Primary 751 34.4
    Secondary 751 34.4
    Technical or Further Educational Institution 193 8.9
    University or other Tertiary Institutions 281 12.9
    Others 82 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7643 96.2
    Semi-detached, row or terrace house, townhouse 186 2.3
    Flat, unit or apartment 120 1.5
    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 1201 48.7
    Fully owned 745 30.2
    Rented 508 20.6
    Other tenure type 14 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals