Suburb Profile Report for Belgrave Heights VIC (3160)

Belgrave Heights House: Median price $650,000, Annual capital growth 7.51%, Number of sales 12, 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 Belgrave Heights, 3160 have given investors a capital gain of 8.42%. This compares averagely with the 8.12% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Belgrave Heights,3160 has racked up an average of 8.42% over the period. This ranks it number 567th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -0.42% to buyers in Belgrave Heights at the moment, which is less than average for the rest of VIC.

Residents and property investors in Belgrave Heights have been waiting around 18.1 days to sell a property.

HOUSE UNIT
$650,000 N/A
4.21% N/A
8.42% N/A
7.51% N/A
N/A N/A
12 N/A
N/A N/A
18.1 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1376
Median household income ($/weekly) 1570
Median age of persons 36
Median housing loan repayment ($/monthly) 1600
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 233 16.9
    25-34 years 136 9.9
    35-44 years 203 14.8
    45-54 years 229 16.7
    55-64 years 181 13.2
    Others 393 28.6
    Age Group
    Census Count Percent(%)
    Registered Married 496 51.7
    Not Married 342 35.7
    Defacto Relationship 121 12.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1070 83.1
    New Zealand 20 1.6
    Papua New Guinea 19 1.5
    United Kingdom 95 7.4
    Other 29 2.3
    Others 55 4.3
    Country of Birth
    Census Count Percent(%)
    Christianity 665 56.0
    No Religion 474 39.9
    Other Religious Groups 23 1.9
    Buddhism 15 1.3
    Judaism 10 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 36 9.0
    $1,000-$1,249 39 9.8
    $1,500-$1,999 63 15.8
    $2,000-$2,499 48 12.1
    $2,500-$2,999 48 12.1
    Others 164 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 434 43.3
    Employed, worked part-time 249 24.9
    Not in the labour force 245 24.5
    Employed, away from work 46 4.6
    Unemployed, looking for work 28 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 13.9
    Professionals 148 20.4
    Technicians & trades workers 128 17.6
    Community & personal service workers 73 10.1
    Clerical & administrative workers 108 14.9
    Others 168 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 28 7.8
    Infants/Primary 140 39.0
    Secondary 106 29.5
    Technical or Further Educational Institution 29 8.1
    University or other Tertiary Institutions 44 12.3
    Others 12 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1257 98.9
    Semi-detached, row or terrace house, townhouse 8 0.6
    Flat, unit or apartment 3 0.2
    Caravan, cabin, houseboat 3 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 250 57.2
    Fully owned 146 33.4
    Rented 41 9.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals