Suburb Profile Report for Aberfeldie VIC (3040)

Aberfeldie House: Median price $1,345,000, Annual capital growth 9.23%, Number of sales 56, Weekly median advertised rent $500

Aberfeldie Unit: Median price $670,000, Annual capital growth 14.08%, Number of sales 24, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Aberfeldie is in the bottom 30% in VIC when comparing median price capital growth over the last year. Aberfeldie gave property investors a disappointing capital gain figure when compared to the rest of the state, with 5.49%.

If we look at median property appreciation over just the last three months, Aberfeldie has given property investors a paper return of 2.09%. This puts Suburb as 367 on a list of fastest fasting appreciating suburbs in VIC

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Aberfeldie itself are offering an average vendor discount of -2.47% to real estate investors.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 9.23%, investors should hope to achieve an overall return of 1.93%

VIC has seen average median house prices change by 5.66% which means that Aberfeldie, 3040 has done well for property investors by showing a capital gain of 46.93% over the last year

Renters in Suburb are facing rents around $3960 per annum or $330 every week.

Metrics i HOUSE UNIT
$1,345,000 $670,000
2.09% 0.75%
5.49% 46.93%
9.23% 14.08%
$500 $330
56 24
1.93% 2.56%
70.93 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3621
Median household income ($/weekly) 1861
Median age of persons 39
Median housing loan repayment ($/monthly) 2300
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 561 15.5
    25-34 years 353 9.7
    35-44 years 520 14.4
    45-54 years 633 17.5
    55-64 years 424 11.7
    Others 1130 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 1404 52.0
    Not Married 1149 42.6
    Defacto Relationship 147 5.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2868 83.2
    Indonesia 54 1.6
    Japan 79 2.3
    United Kingdom 95 2.8
    Other 86 2.5
    Others 267 7.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 1.3
    Christianity 2657 79.1
    Hinduism 20 0.6
    Islam 77 2.3
    No Religion 547 16.3
    Others 15 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 95 8.4
    $1,500-$1,999 126 11.1
    $2,000-$2,499 108 9.5
    $2,500-$2,999 158 14.0
    $3,000-$3,499 114 10.1
    Others 530 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1160 41.8
    Not in the labour force 790 28.5
    Employed, worked part-time 651 23.5
    Employed, away from work 99 3.6
    Unemployed, looking for work 76 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 286 15.0
    Professionals 565 29.6
    Technicians & trades workers 170 8.9
    Clerical & administrative workers 338 17.7
    Sales 205 10.7
    Others 348 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 54 5.2
    Infants/Primary 346 33.1
    Secondary 343 32.8
    Technical or Further Educational Institution 63 6.0
    University or other Tertiary Institutions 214 20.5
    Others 25 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2818 82.4
    Semi-detached, row or terrace house, townhouse 345 10.1
    Flat, unit or apartment 255 7.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 502 40.7
    Being purchased 424 34.4
    Rented 302 24.5
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals