Suburb Profile Report for Delahey VIC (3037)

Delahey House: Median price $505,000, Annual capital growth 7.61%, Number of sales 94, Weekly median advertised rent $360

Delahey Unit: Median price $367,500, Annual capital growth 2.61%, Number of sales 12, Weekly median advertised rent $340

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

Source: CoreLogic

  • House Report
  • Unit Report

Delahey is in the TOP 10% in VIC when comparing median price capital growth over the last year. Delahey gave property investors a very good capital gain figure when compared to the rest of the state, with 23.77%.

While Delahey,3037 ranked number 276th in VIC for increase in median house value (annualised) increase, it is ranked 337th over the last 5 years.

Sellers are offering property buyers an average discount of -2.37% to buyers in Delahey at the moment, which is less than average for the rest of VIC.

On average over the past year, suburb has had 7.83 sales per month, which equates to 94 per year.

Renters in Suburb are facing rents around $4320 per annum or $360 every week.

If you compare the increase in value of investment property in Delahey, 3037 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.68%.

Delahey,3037 has offered an average of 0.68% return per annum in house price rises to property investors over the last three years.

Advertised rents are around the $340 mark per week – giving a return of 4.81% based on the median price in Suburb

Metrics i HOUSE UNIT
$505,000 $367,500
3.06% 2.80%
23.77% 0.68%
7.61% 2.61%
$360 $340
94 12
3.71% 4.81%
42.1 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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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