Suburb Profile Report for Bentleigh East VIC (3165)

Bentleigh East House: Median price $1,189,000, Annual capital growth 9.89%, Number of sales 381, Weekly median advertised rent $500

Bentleigh East Unit: Median price $746,000, Annual capital growth 7.37%, Number of sales 139, 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 average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.91% to date .

If we look at median property appreciation over just the last three months, Bentleigh East has given property investors a paper return of 4.30%. This puts Suburb as 223 on a list of fastest fasting appreciating suburbs in VIC

Property investors looking for a bargain in Bentleigh East should be aiming for at least -3.74% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $500 mark per week – giving a return of 2.19% based on the median price in Suburb

With a capital gain of 0.67% for the last 12 months, Bentleigh East, 3165 has performed for property investments than its average annual 7.37% property growth over the last 5 years.

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.

Our latest figures would indicate that property sellers in Bentleigh East are currently offering property investors an average price cut of -9.32% below the asking price at the moment.

Metrics i HOUSE UNIT
$1,189,000 $746,000
4.30% -0.40%
11.91% 0.67%
9.89% 7.37%
$500 $410
381 139
2.19% 2.86%
54.9 58.16

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
Chart Table
Recent sales & rentals