Suburb Profile Report for Hurstbridge VIC (3099)

Hurstbridge House: Median price $651,000, Annual capital growth 6.62%, Number of sales 39, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report

Hurstbridge is in the TOP 30% in VIC when comparing median price capital growth over the last year. Hurstbridge gave property investors a good capital gain figure when compared to the rest of the state, with 16.25%.

Comparing Hurstbridge,3099 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

At number 547th of VIC’s most discounted properties, Hurstbridge is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $415 and the average annual increase in value of a median property of 6.62%, investors should hope to achieve an overall return of 3.31%

Metrics i HOUSE UNIT
$651,000 N/A
3.75% N/A
16.25% N/A
6.62% N/A
$415 N/A
39 N/A
3.31% N/A
29.53 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
Find a mortgage broker in Hurstbridge VIC
Demographics
Total population 3510
Median household income ($/weekly) 1618
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 3
  • Census Count Percent(%)
    5-14 years 523 14.9
    25-34 years 344 9.8
    35-44 years 525 15.0
    45-54 years 603 17.2
    55-64 years 481 13.7
    Others 1034 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1351 52.0
    Not Married 960 37.0
    Defacto Relationship 285 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2996 88.0
    Greece 20 0.6
    Papua New Guinea 43 1.3
    United Kingdom 187 5.5
    Other 53 1.6
    Others 104 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.9
    Christianity 1776 55.1
    Judaism 8 0.2
    Other Religious Groups 22 0.7
    No Religion 1386 43.0
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 92 8.9
    $1,250-$1,499 88 8.5
    $1,500-$1,999 156 15.0
    $2,000-$2,499 151 14.5
    $2,500-$2,999 95 9.1
    Others 457 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1126 41.9
    Employed, worked part-time 693 25.8
    Not in the labour force 680 25.3
    Employed, away from work 118 4.4
    Unemployed, looking for work 72 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 232 12.0
    Professionals 458 23.7
    Technicians & trades workers 355 18.3
    Community & personal service workers 209 10.8
    Clerical & administrative workers 276 14.3
    Others 406 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 83 8.5
    Infants/Primary 337 34.4
    Secondary 288 29.4
    Technical or Further Educational Institution 99 10.1
    University or other Tertiary Institutions 152 15.5
    Others 20 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3336 98.1
    Flat, unit or apartment 54 1.6
    House or flat attached to a shop, office 5 0.1
    Semi-detached, row or terrace house, townhouse 3 0.1
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 627 55.4
    Fully owned 380 33.6
    Rented 124 11.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals