Suburb Profile Report for Menzies Creek VIC (3159)

Menzies Creek House: Median price $633,500, Annual capital growth 7.31%, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Menzies Creek, 3159 have given investors a capital gain of 3.85%. This compares badly with the 9.04% for VIC as a whole.

The five-year average increase in median property values for Menzies Creek,3159 has given property investors a potential capital gain of 28.63% across each of those five years.

The VIC suburb of Menzies Creek, 3159 is in the Yarra Ranges local government area.

Metrics i HOUSE UNIT
$633,500 N/A
6.11% N/A
3.85% N/A
7.31% N/A
N/A N/A
11 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 910
Median household income ($/weekly) 1484
Median age of persons 39
Median housing loan repayment ($/monthly) 1928
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 137 15.0
    15-19 years 69 7.6
    35-44 years 146 16.0
    45-54 years 156 17.1
    55-64 years 126 13.8
    Others 277 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 374 57.6
    Not Married 206 31.7
    Defacto Relationship 69 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 719 81.5
    Greece 11 1.2
    Papua New Guinea 15 1.7
    United Kingdom 67 7.6
    Other 25 2.8
    Others 45 5.1
    Country of Birth
    Census Count Percent(%)
    Christianity 436 54.0
    No Religion 359 44.5
    Other Religious Groups 9 1.1
    Buddhism 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 26 10.2
    $1,250-$1,499 24 9.4
    $1,500-$1,999 38 14.8
    $2,000-$2,499 29 11.3
    $3,000-$3,499 23 9.0
    Others 116 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 275 40.4
    Not in the labour force 186 27.4
    Employed, worked part-time 166 24.4
    Employed, away from work 35 5.1
    Unemployed, looking for work 18 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 50 10.6
    Professionals 110 23.4
    Technicians & trades workers 80 17.0
    Clerical & administrative workers 69 14.6
    Sales 47 10.0
    Others 115 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 14 5.6
    Infants/Primary 91 36.5
    Secondary 78 31.3
    Technical or Further Educational Institution 21 8.4
    University or other Tertiary Institutions 37 14.9
    Others 8 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 856 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    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 153 52.9
    Fully owned 107 37.0
    Rented 29 10.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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