Suburb Profile Report for Vermont VIC (3133)

Vermont House: Median price $1,000,000, Annual capital growth 9.37%, Number of sales 130, Weekly median advertised rent $450

Vermont Unit: Median price $717,000, Annual capital growth 7.54%, Number of sales 44, Weekly median advertised rent $385

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

Source: CoreLogic

  • House Report
  • Unit Report

Vermont has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 15.61% to date .

Comparing Vermont,3133 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Vermont is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 89th in terms of most discounted suburbs in VIC

At number 1495 in a list of fastest selling suburbs, Vermont is in the TOP 40% of suburbs in Australia with an average of days on market 66.36 for properties listed there.

With the median price for a house in Vermont being $1000000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 2.34%

With a capital gain of 8.64% for the last 12 months, Vermont, 3133 has performed for property investments than its average annual 7.54% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Vermont has increased when compared to the 5 year average annual rate.

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 Vermont, 3133. Typically our figures indicate that -3.36% is being offered, which puts this VIC suburb at 1188th most discounted overall in Australia.

Often selling an investment property can take time, and in Vermont the average time real estate has been on the market is 38.75 days.

The VIC suburb of Vermont, 3133 is in the Whitehorse local government area.

Metrics i HOUSE UNIT
$1,000,000 $717,000
5.04% 5.44%
15.61% 8.64%
9.37% 7.54%
$450 $385
130 44
2.34% 2.79%
66.36 38.75

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 9901
Median household income ($/weekly) 1385
Median age of persons 40
Median housing loan repayment ($/monthly) 1850
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1309 13.2
    35-44 years 1591 16.1
    45-54 years 1313 13.3
    55-64 years 1134 11.5
    65-74 years 1087 11.0
    Others 3468 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 4309 57.7
    Not Married 2769 37.1
    Defacto Relationship 392 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6928 71.7
    Croatia 309 3.2
    Indonesia 219 2.3
    United Kingdom 433 4.5
    Other 381 3.9
    Others 1398 14.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 433 4.7
    Christianity 5789 62.5
    Hinduism 177 1.9
    Islam 101 1.1
    No Religion 2621 28.3
    Others 134 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 318 9.6
    $1,000-$1,249 299 9.0
    $1,500-$1,999 437 13.2
    $2,000-$2,499 330 9.9
    $2,500-$2,999 333 10.0
    Others 1601 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2950 37.8
    Not in the labour force 2687 34.4
    Employed, worked part-time 1690 21.6
    Employed, away from work 266 3.4
    Unemployed, looking for work 215 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 644 13.1
    Professionals 1339 27.3
    Technicians & trades workers 609 12.4
    Clerical & administrative workers 785 16.0
    Sales 470 9.6
    Others 1051 21.5
    Occupation
    Census Count Percent(%)
    Pre-school 201 8.1
    Infants/Primary 902 36.4
    Secondary 653 26.4
    Technical or Further Educational Institution 181 7.3
    University or other Tertiary Institutions 444 17.9
    Others 96 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8518 89.9
    Semi-detached, row or terrace house, townhouse 532 5.6
    Flat, unit or apartment 421 4.4
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1521 43.1
    Being purchased 1415 40.1
    Rented 576 16.3
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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