Suburb Profile Report for Hillside VIC (3037)

Hillside House: Median price $498,750, Annual capital growth 5.86%, Number of sales 208, Weekly median advertised rent $370

Hillside Unit: Median price $375,000, Annual capital growth 4.73%, Number of sales 37, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1381th in the list of Australian suburbs ordered by increase in median house value over the last year, Hillside, 3037 is in the top 40% with a property value increase of 8.42% recorded in median house prices.

Hillside,3037 was ranked 962 in Australia by increase in median property value over the quarter.

The most recent median price for Hillside is $498750, with sellers offering an average of -5.46% off the asking price.

Property investors should expect to get $370 weekly from the median priced house in this suburb.

Over the last year, property investments in Hillside, 3037 have given investors a capital gain of 10.62%. This compares very favourably with the 3.56% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Hillside,3037 has racked up an average of 10.62% over the period. This ranks it number 768th in the whole country for real estate investors looking at median house price increases.

Hillside, 3037 is offering VIC ‘s 261th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

Residents and property investors in Hillside have been waiting around 64.05 days to sell a property.

Hillside is 100th on a list of best yielding suburbs for rents in VIC with a 4.85% return

HOUSE UNIT
$498,750 $375,000
2.84% 0.67%
8.42% 10.62%
5.86% 4.73%
$370 $350
208 37
3.86% 4.85%
65.74 64.05

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
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Demographics
Total population 16326
Median household income ($/weekly) 1610
Median age of persons 32
Median housing loan repayment ($/monthly) 1885
Average household size 3.3
  • Census Count Percent(%)
    0-4 years 1437 8.8
    5-14 years 2995 18.3
    25-34 years 2417 14.8
    35-44 years 3215 19.7
    45-54 years 2121 13.0
    Others 4141 25.4
    Age Group
    Census Count Percent(%)
    Registered Married 6681 59.1
    Not Married 3929 34.8
    Defacto Relationship 687 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 11281 72.2
    Indonesia 521 3.3
    Japan 284 1.8
    Netherlands 305 2.0
    Other 836 5.3
    Others 2400 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 338 2.2
    Christianity 11766 77.0
    Hinduism 324 2.1
    Islam 753 4.9
    No Religion 1874 12.3
    Others 235 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 402 9.3
    $1,250-$1,499 453 10.5
    $1,500-$1,999 788 18.3
    $2,000-$2,499 671 15.6
    $2,500-$2,999 396 9.2
    Others 1597 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5335 46.7
    Not in the labour force 2942 25.8
    Employed, worked part-time 2270 19.9
    Employed, away from work 504 4.4
    Unemployed, looking for work 370 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 885 10.9
    Professionals 1152 14.2
    Technicians & trades workers 1394 17.2
    Clerical & administrative workers 1489 18.4
    Sales 902 11.1
    Others 2285 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 408 8.8
    Infants/Primary 1955 42.0
    Secondary 1338 28.8
    Technical or Further Educational Institution 298 6.4
    University or other Tertiary Institutions 513 11.0
    Others 141 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14199 90.1
    Semi-detached, row or terrace house, townhouse 1185 7.5
    Flat, unit or apartment 382 2.4
    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 2929 62.0
    Fully owned 1073 22.7
    Rented 705 14.9
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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