Suburb Profile Report for Gowanbrae VIC (3043)

Gowanbrae House: Median price $604,000, Annual capital growth 6.56%, Number of sales 48, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Gowanbrae, 3043 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.82%.

Over the longer term, Gowanbrae has seen property prices show investors a 10.27% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Gowanbrae is $604000, with sellers offering an average of -7.40% off the asking price.

HOUSE UNIT
$604,000 N/A
2.20% N/A
9.82% N/A
6.56% N/A
$410 N/A
48 N/A
3.53% N/A
70.02 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 2745
Median household income ($/weekly) 1502
Median age of persons 35
Median housing loan repayment ($/monthly) 2080
Average household size 2.7
  • Census Count Percent(%)
    0-4 years 251 9.1
    5-14 years 391 14.2
    25-34 years 426 15.5
    35-44 years 538 19.6
    45-54 years 328 11.9
    Others 811 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1145 57.9
    Not Married 651 32.9
    Defacto Relationship 180 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1938 74.2
    Former Yugoslav Republic of Macedonia 58 2.2
    Japan 60 2.3
    Sri Lanka 56 2.1
    Other 95 3.6
    Others 404 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 103 4.0
    Christianity 1850 72.4
    Hinduism 96 3.8
    Islam 112 4.4
    No Religion 390 15.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 79 9.0
    $1,250-$1,499 89 10.2
    $1,500-$1,999 119 13.6
    $2,000-$2,499 104 11.9
    $2,500-$2,999 102 11.7
    Others 381 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 944 46.7
    Not in the labour force 578 28.6
    Employed, worked part-time 376 18.6
    Employed, away from work 73 3.6
    Unemployed, looking for work 51 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 197 14.1
    Professionals 279 20.0
    Technicians & trades workers 184 13.2
    Community & personal service workers 141 10.1
    Clerical & administrative workers 260 18.6
    Others 336 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 78 11.6
    Infants/Primary 251 37.5
    Secondary 162 24.2
    Technical or Further Educational Institution 52 7.8
    University or other Tertiary Institutions 103 15.4
    Others 24 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2203 84.8
    Flat, unit or apartment 249 9.6
    Semi-detached, row or terrace house, townhouse 144 5.5
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 528 56.1
    Rented 240 25.5
    Fully owned 166 17.6
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals