Suburb Profile Report for Bentleigh East VIC (3165)

Bentleigh East House: Median price $1,115,000, Annual capital growth 10.07%, Number of sales 349, Weekly median advertised rent $480

Bentleigh East Unit: Median price $750,000, Annual capital growth 7.14%, Number of sales 167, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Bentleigh East, 3165 ranked 182th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bentleigh East is one of 2098 in our list for VIC

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Bentleigh East 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 Bentleigh East, 3165. Typically our figures indicate that -4.79% is being offered, which puts this VIC suburb at 2734th most discounted overall in Australia.

A $480 per week rent on the median house gives suburb investors a gross yield of circa 2.24%, without taking into account capital value appreciation, which has been averaging out at 10.07%.

Investment property in Bentleigh East has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.49%

Bentleigh East,3165 has offered an average of 5.49% return per annum in house price rises to property investors over the last three years.

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 Bentleigh East, 3165. Typically our figures indicate that -3.08% is being offered, which puts this VIC suburb at 1305th most discounted overall in Australia.

With the median price for a house in Bentleigh East being $750000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.77%

HOUSE UNIT
$1,115,000 $750,000
1.36% 0.50%
12.63% 5.49%
10.07% 7.14%
$480 $400
349 167
2.24% 2.77%
62.39 53.32

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 25924
Median household income ($/weekly) 1406
Median age of persons 40
Median housing loan repayment ($/monthly) 2030
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 3317 12.8
    25-34 years 2805 10.8
    35-44 years 4374 16.9
    45-54 years 3743 14.4
    55-64 years 2656 10.2
    Others 9029 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 10643 54.3
    Not Married 7755 39.6
    Defacto Relationship 1191 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 16985 67.9
    Croatia 621 2.5
    Hong Kong 735 2.9
    United Kingdom 810 3.2
    Other 2208 8.8
    Others 3651 14.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 469 1.9
    Christianity 14882 61.8
    Hinduism 349 1.4
    Judaism 2575 10.7
    No Religion 5475 22.7
    Others 324 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 809 9.5
    $600-$799 694 8.1
    $1,500-$1,999 1112 13.1
    $2,000-$2,499 830 9.7
    $2,500-$2,999 859 10.1
    Others 4214 49.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7871 39.2
    Not in the labour force 6883 34.3
    Employed, worked part-time 4006 20.0
    Employed, away from work 716 3.6
    Unemployed, looking for work 594 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 1763 14.0
    Professionals 3323 26.4
    Technicians & trades workers 1652 13.1
    Clerical & administrative workers 2127 16.9
    Sales 1294 10.3
    Others 2432 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 537 8.7
    Infants/Primary 2195 35.5
    Secondary 1719 27.8
    Technical or Further Educational Institution 501 8.1
    University or other Tertiary Institutions 1057 17.1
    Others 179 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 21227 85.3
    Semi-detached, row or terrace house, townhouse 2369 9.5
    Flat, unit or apartment 1241 5.0
    House or flat attached to a shop, office 46 0.2
    Improvised home, tent, sleepers out 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3758 41.0
    Being purchased 3446 37.6
    Rented 1913 20.9
    Other tenure type 44 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals