Suburb Profile Report for Bentleigh East VIC (3165)

Bentleigh East House: Median price $1,130,000, Annual capital growth 10.11%, Number of sales 381, Weekly median advertised rent $495

Bentleigh East Unit: Median price $748,000, Annual capital growth 7.14%, Number of sales 161, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

Bentleigh East has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.88% to date .

Over the longer term, Bentleigh East has seen property prices show investors a 49.67% return over the last 3 years. This is worse than over the last 12 months

At number 400th of VIC’s most discounted properties, Bentleigh East is in the TOP 40% of the state/territory when listing in order of most discounted to least.

In the last year 381 properties changed hands in Bentleigh East, which puts it as the 33th most active market in VIC when comparing the number of sales per suburb.

Property investors should expect to get $495 weekly from the median priced house in this suburb.

Property value increases in Bentleigh East have tracked just higher than the VIC average of 3.49% over the last 12 months.

While Bentleigh East,3165 ranked number 171th in VIC for increase in median house value (annualised) increase, it is ranked 72th over the last 5 years.

Our latest figures would indicate that property sellers in Bentleigh East are currently offering property investors an average price cut of -5.97% below the asking price at the moment.

On average over the past year, suburb has had 13.42 sales per month, which equates to 161 per year.

Advertised rents are around the $410 mark per week – giving a return of 2.85% based on the median price in Suburb

Metrics i HOUSE UNIT
$1,130,000 $748,000
1.80% 0.77%
11.88% 5.35%
10.11% 7.14%
$495 $410
381 161
2.28% 2.85%
64.36 58.48

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (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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