Suburb Profile Report for Wattle Glen VIC (3096)

Wattle Glen House: Median price $577,500, Annual capital growth 5.95%, Number of sales 13, 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 Wattle Glen, 3096 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.43%.

The five-year average increase in median property values for Wattle Glen,3096 has given property investors a potential capital gain of 13.79% across each of those five years.

In the last year 13 properties changed hands in Wattle Glen, which puts it as the 673th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Wattle Glen, 3096 is in the Nillumbik local government area.

Metrics i HOUSE UNIT
$577,500 N/A
N/A N/A
-0.43% N/A
5.95% N/A
N/A N/A
13 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 1946
Median household income ($/weekly) 1720
Median age of persons 39
Median housing loan repayment ($/monthly) 1800
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 304 15.6
    15-19 years 174 8.9
    35-44 years 265 13.6
    45-54 years 335 17.2
    55-64 years 228 11.7
    Others 640 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 771 56.2
    Not Married 486 35.4
    Defacto Relationship 116 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1620 85.6
    Greece 15 0.8
    Papua New Guinea 11 0.6
    United Kingdom 134 7.1
    Other 21 1.1
    Others 91 4.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 1.1
    Christianity 1082 59.9
    Hinduism 4 0.2
    Other Religious Groups 7 0.4
    No Religion 686 38.0
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 43 8.5
    $1,500-$1,999 87 17.2
    $2,000-$2,499 75 14.8
    $2,500-$2,999 46 9.1
    $3,000-$3,499 44 8.7
    Others 211 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 582 38.9
    Not in the labour force 441 29.5
    Employed, worked part-time 369 24.6
    Employed, away from work 63 4.2
    Unemployed, looking for work 42 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 124 12.2
    Professionals 198 19.5
    Technicians & trades workers 202 19.9
    Community & personal service workers 112 11.0
    Clerical & administrative workers 161 15.8
    Others 219 21.6
    Occupation
    Census Count Percent(%)
    Pre-school 39 6.8
    Infants/Primary 193 33.5
    Secondary 195 33.9
    Technical or Further Educational Institution 46 8.0
    University or other Tertiary Institutions 81 14.1
    Others 22 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1793 99.5
    Semi-detached, row or terrace house, townhouse 6 0.3
    Flat, unit or apartment 3 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 304 54.2
    Fully owned 216 38.5
    Rented 38 6.8
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals