Suburb Profile Report for Bentleigh East VIC (3165)

Bentleigh East House: Median price $1,090,000, Annual capital growth 10.48%, Number of sales 360, Weekly median advertised rent $470

Bentleigh East Unit: Median price $743,500, Annual capital growth 7.46%, Number of sales 184, 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 7.80% which means that Bentleigh East, 3165 has done well for property investors by showing a capital gain of 14.38% over the last year

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 -4.26% is being offered, which puts this VIC suburb at 3093th most discounted overall in Australia.

Advertised rents are around the $470 mark per week – giving a return of 2.24% based on the median price in Suburb

If you compare the increase in value of investment property in Bentleigh East, 3165 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 5.46%.

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.

LACK OF BUYER INTEREST may well be the reason that Bentleigh East is offering property investors an average of -5.22. This rate of discount on properties puts Suburb at number 253th in terms of most discounted suburbs in VIC

HOUSE UNIT
$1,090,000 $743,500
3.81% 0.20%
14.38% 5.46%
10.48% 7.46%
$470 $400
360 184
2.24% 2.80%
62.93 51.28

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
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