Suburb Profile Report for Gowanbrae VIC (3043)

Gowanbrae House: Median price $626,000, Annual capital growth 6.38%, Number of sales 38, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report

Gowanbrae has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.83% to date .

A 15.18% growth in median value for property investors in Gowanbrae,3043 puts this suburb at number 449th in terms of best performing suburbs in VIC

Property investors looking for a bargain in Gowanbrae should be aiming for at least -5.57% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Gowanbrae have been waiting around 68.51 days to sell a property.

Metrics i HOUSE UNIT
$626,000 N/A
1.13% N/A
6.83% N/A
6.38% N/A
$415 N/A
38 N/A
3.45% N/A
68.51 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Gowanbrae VIC
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