Suburb Profile Report for Vermont VIC (3133)

Vermont House: Median price $882,000, Annual capital growth 9.71%, Number of sales 129, Weekly median advertised rent $430

Vermont Unit: Median price $660,000, Annual capital growth 7.81%, Number of sales 37, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 7.68% which means that Vermont, 3133 has done well for property investors by showing a capital gain of 3.64% over the last year

While Vermont,3133 ranked number 335th in VIC for increase in median house value (annualised) increase, it is ranked 32th over the last 5 years.

Property investors looking for a bargain in Vermont should be aiming for at least -5.83% off the asking price, which is the average vendor discount being achieved at the moment.

Vermont, 3133’s gross rental yield is 2.54%

If you compare the increase in value of investment property in Vermont, 3133 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -4.83%.

Taking the average capital gain, or increase in median house value, Vermont,3133 has racked up an average of -4.83% over the period. This ranks it number 358th in the whole country for real estate investors looking at median house price increases.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Vermont itself are offering an average vendor discount of -0.88% to real estate investors.

At number 887 in a list of fastest selling suburbs, Vermont is in the bottom 40% of suburbs in Australia with an average of days on market 85.84 for properties listed there.

Situated 20.90km from the CBD, Vermont is one of Whitehorse localities in the postcode 3133.

HOUSE UNIT
$882,000 $660,000
1.97% -0.56%
3.64% -4.83%
9.71% 7.81%
$430 $400
129 37
2.54% 3.15%
54.38 85.84

Source: CoreLogic

DSR Score for property investment : Above average (U), Very good (H)
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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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