Suburb Profile Report for Roxburgh Park VIC (3064)

Roxburgh Park House: Median price $438,500, Annual capital growth 4.84%, Number of sales 318, Weekly median advertised rent $370

Roxburgh Park Unit: Median price $280,000, Annual capital growth 3.82%, Number of sales 17, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Roxburgh Park, 3064 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.00%

While Roxburgh Park,3064 ranked number 443th in VIC for increase in median house value (annualised) increase, it is ranked 400th over the last 5 years.

Property investors looking for a bargain in Roxburgh Park should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.

At number 1494 in a list of fastest selling suburbs, Roxburgh Park is in the TOP 40% of suburbs in Australia with an average of days on market 72.23 for properties listed there.

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

Roxburgh Park has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -8.11% to date .

Roxburgh Park, 3064’s gross rental yield is 5.94%

Metrics i HOUSE UNIT
$438,500 $280,000
0.80% N/A
8.00% -8.11%
4.84% 3.82%
$370 $320
318 17
4.39% 5.94%
72.23 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 19235
Median household income ($/weekly) 1242
Median age of persons 28
Median housing loan repayment ($/monthly) 1733
Average household size 3.7
  • Census Count Percent(%)
    5-14 years 3849 20.0
    15-19 years 1721 8.9
    25-34 years 2711 14.1
    35-44 years 3226 16.8
    45-54 years 2571 13.4
    Others 5157 26.8
    Age Group
    Census Count Percent(%)
    Registered Married 7235 55.7
    Not Married 5321 41.0
    Defacto Relationship 425 3.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 9764 53.9
    Indonesia 522 2.9
    Ireland 2361 13.0
    Turkey 1323 7.3
    Other 1228 6.8
    Others 2928 16.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 681 3.8
    Christianity 10095 56.1
    Hinduism 343 1.9
    Islam 5439 30.2
    No Religion 1267 7.0
    Others 184 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 466 10.6
    $1,000-$1,249 531 12.0
    $1,250-$1,499 464 10.5
    $1,500-$1,999 733 16.6
    $2,000-$2,499 478 10.8
    Others 1742 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 5278 40.6
    Employed, worked full-time 4452 34.3
    Employed, worked part-time 2049 15.8
    Unemployed, looking for work 684 5.3
    Employed, away from work 525 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 936 13.3
    Technicians & trades workers 1140 16.2
    Clerical & administrative workers 968 13.8
    Machinery operators & drivers 858 12.2
    Labourers 1020 14.5
    Others 2105 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 370 6.2
    Infants/Primary 2230 37.6
    Secondary 1826 30.8
    Technical or Further Educational Institution 526 8.9
    University or other Tertiary Institutions 703 11.9
    Others 270 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11838 64.0
    Semi-detached, row or terrace house, townhouse 6506 35.2
    Flat, unit or apartment 145 0.8
    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 3156 64.8
    Rented 842 17.3
    Fully owned 831 17.1
    Other tenure type 39 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals