Suburb Profile Report for Bentleigh East VIC (3165)

Bentleigh East House: Median price $1,203,063, Annual capital growth 9.41%, Number of sales 364, Weekly median advertised rent $510

Bentleigh East Unit: Median price $737,500, Annual capital growth 6.45%, Number of sales 138, Weekly median advertised rent $420

  • 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 11.00% which means that Bentleigh East, 3165 has done well for property investors by showing a capital gain of 10.37% over the last year

Taking the average capital gain, or increase in median house value, Bentleigh East,3165 has racked up an average of 10.37% over the period. This ranks it number 538th in the whole country for real estate investors looking at median house price increases.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Bentleigh East itself are offering an average vendor discount of -3.26% to real estate investors.

With the median price for a house in Bentleigh East being $1203063 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 2.20%

At number 1221th in the list of Australian suburbs ordered by increase in median house value over the last year, Bentleigh East, 3165 is in the BOTTOM 30% with a property value increase of -1.01% recorded in median house prices.

Comparing Bentleigh East,3165 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Bentleigh East 3165 should be seeing an average reduction in asking price of around -7.55% . This means that Bentleigh East is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $5040 per annum or $420 every week.

Metrics i HOUSE UNIT
$1,203,063 $737,500
2.83% -1.54%
10.37% -1.01%
9.41% 6.45%
$510 $420
364 138
2.20% 2.96%
51.22 52.38

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