Suburb Profile Report for Plenty VIC (3090)

Plenty House: Median price $945,000, Annual capital growth 7.41%, Number of sales 18, Weekly median advertised rent N/A

  • 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 Plenty, 3090 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 9.50%.

While Plenty,3090 ranked number 474th in VIC for increase in median house value (annualised) increase, it is ranked 316th 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 Plenty, 3090. Typically our figures indicate that -4.13% is being offered, which puts this VIC suburb at 2949th most discounted overall in Australia.

Metrics i HOUSE UNIT
$945,000 N/A
1.07% N/A
9.50% N/A
7.41% N/A
N/A N/A
18 N/A
N/A N/A
58.16 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2094
Median household income ($/weekly) 2194
Median age of persons 38
Median housing loan repayment ($/monthly) 2333
Average household size 3.4
  • Census Count Percent(%)
    5-14 years 384 18.3
    15-19 years 194 9.3
    35-44 years 342 16.3
    45-54 years 389 18.6
    55-64 years 235 11.2
    Others 549 26.2
    Age Group
    Census Count Percent(%)
    Registered Married 963 62.7
    Not Married 513 33.4
    Defacto Relationship 61 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1757 86.1
    Egypt 15 0.7
    Japan 49 2.4
    United Kingdom 64 3.1
    Other 38 1.9
    Others 118 5.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 8 0.4
    Christianity 1529 76.5
    Islam 16 0.8
    Other Religious Groups 18 0.9
    No Religion 419 21.0
    Others 9 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 60 11.2
    $2,000-$2,499 68 12.6
    $2,500-$2,999 80 14.9
    $3,000-$3,499 64 11.9
    $4,000 or more 54 10.0
    Others 212 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 665 42.5
    Not in the labour force 415 26.5
    Employed, worked part-time 404 25.8
    Employed, away from work 49 3.1
    Unemployed, looking for work 33 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 206 18.5
    Professionals 200 17.9
    Technicians & trades workers 183 16.4
    Clerical & administrative workers 196 17.6
    Sales 134 12.0
    Others 197 17.7
    Occupation
    Census Count Percent(%)
    Pre-school 47 7.3
    Infants/Primary 253 39.5
    Secondary 205 32.0
    Technical or Further Educational Institution 47 7.3
    University or other Tertiary Institutions 79 12.3
    Others 9 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2041 99.6
    Flat, unit or apartment 5 0.2
    Semi-detached, row or terrace house, townhouse 4 0.2
    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 322 53.4
    Fully owned 244 40.5
    Rented 33 5.5
    Other tenure type 4 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals