Suburb Profile Report for Hadfield VIC (3046)

Hadfield House: Median price $645,000, Annual capital growth 9.21%, Number of sales 108, Weekly median advertised rent $373

Hadfield Unit: Median price $465,000, Annual capital growth 8.25%, Number of sales 43, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.96% which means that Hadfield, 3046 has done well for property investors by showing a capital gain of 17.27% over the last year

Hadfield,3046 was ranked 573 in Australia by increase in median property value over the quarter.

Hadfield, 3046 is offering VIC ‘s 279th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Property investors should expect to get $372.5 weekly from the median priced house in this suburb.

VIC has seen average median house prices change by 4.26% which means that Hadfield, 3046 has done well for property investors by showing a capital gain of 29.17% over the last year

While Hadfield,3046 ranked number 25th in VIC for increase in median house value (annualised) increase, it is ranked 36th over the last 5 years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hadfield, 3046. Typically our figures indicate that -3.34% is being offered, which puts this VIC suburb at 1248th most discounted overall in Australia.

Hadfield, 3046’s gross rental yield is 3.69%

Metrics i HOUSE UNIT
$645,000 $465,000
5.74% 7.89%
17.27% 29.17%
9.21% 8.25%
$373 $330
108 43
3.00% 3.69%
61.86 57.26

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5366
Median household income ($/weekly) 914
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 623 11.6
    25-34 years 719 13.4
    35-44 years 715 13.3
    45-54 years 655 12.2
    65-74 years 546 10.2
    Others 2108 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 2071 51.5
    Not Married 1752 43.5
    Defacto Relationship 202 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3183 64.4
    Japan 430 8.7
    Malaysia 178 3.6
    Netherlands 132 2.7
    Other 260 5.3
    Others 760 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 1.4
    Christianity 3333 68.3
    Hinduism 42 0.9
    Islam 922 18.9
    No Religion 489 10.0
    Others 25 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 173 10.0
    $400-$599 269 15.5
    $600-$799 191 11.0
    $800-$999 179 10.3
    $1,500-$1,999 206 11.9
    Others 720 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1893 46.6
    Employed, worked full-time 1307 32.2
    Employed, worked part-time 610 15.0
    Employed, away from work 140 3.4
    Unemployed, looking for work 115 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 286 13.9
    Technicians & trades workers 369 18.0
    Clerical & administrative workers 329 16.0
    Sales 229 11.1
    Machinery operators & drivers 228 11.1
    Others 613 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 68 6.5
    Infants/Primary 364 35.0
    Secondary 323 31.1
    Technical or Further Educational Institution 104 10.0
    University or other Tertiary Institutions 145 14.0
    Others 35 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4442 89.0
    Semi-detached, row or terrace house, townhouse 322 6.5
    Flat, unit or apartment 212 4.2
    House or flat attached to a shop, office 10 0.2
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 913 48.3
    Being purchased 534 28.3
    Rented 435 23.0
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals