Suburb Profile Report for Delahey VIC (3037)

Delahey House: Median price $490,000, Annual capital growth 7.41%, Number of sales 89, Weekly median advertised rent $350

Delahey Unit: Median price $357,500, Annual capital growth 3.15%, Number of sales 18, Weekly median advertised rent $340

  • 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 21.74%

The five-year average increase in median property values for Delahey,3037 has given property investors a potential capital gain of 35.17% across each of those five years.

Delahey3037 is located in VIC which offers an average discount of -5.71% to property investors. Delahey itself is showing figures that indicate -2.09% is the average achievable by property buyers investing in the suburb.

VIC has seen average median house prices change by 4.83% which means that Delahey, 3037 has done well for property investors by showing a capital gain of 1.27% over the last year

Delahey,3037 was ranked 625 in Australia by increase in median property value over the quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.95% offered to property buyers. Sellers in Delahey itself are offering an average vendor discount of -3.58% to real estate investors.

With the median price for a house in Delahey being $357500 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 4.95%

Metrics i HOUSE UNIT
$490,000 $357,500
5.38% 2.14%
21.74% 1.27%
7.41% 3.15%
$350 $340
89 18
3.71% 4.95%
43.57 38

Source: CoreLogic

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