Suburb Profile Report for Notting Hill VIC (3168)

Notting Hill House: Median price $875,500, Annual capital growth 10.49%, Number of sales 25, Weekly median advertised rent $410

Notting Hill Unit: Median price $328,500, Annual capital growth 0.88%, Number of sales 66, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report

Notting Hill is in the bottom 40% in VIC when comparing median price capital growth over the last year. Notting Hill gave property investors a disappointing capital gain figure when compared to the rest of the state, with 6.12%.

The five-year average increase in median property values for Notting Hill,3168 has given property investors a potential capital gain of 82.40% across each of those five years.

At number 292th of VIC’s most discounted properties, Notting Hill is in the middle of the state/territory when listing in order of most discounted to least.

Property investors should expect to get $410 weekly from the median priced house in this suburb.

Giving property investors a a poor capital gain of -17.05% for the last year, Notting Hill, 3168 is the 1665th highest performer in Australia in this respect.

Notting Hill,3168 has offered an average of -17.05% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Notting Hill is giving property investors an average Vendor Discount of around -7.26%. This puts suburb at number 29th in VIC when ranking the most discounted suburbs.

Advertised rents are around the $350 mark per week – giving a return of 5.54% based on the median price in Suburb

Metrics i HOUSE UNIT
$875,500 $328,500
0.34% 0.46%
6.12% -17.05%
10.49% 0.88%
$410 $350
25 66
2.44% 5.54%
74.1 98.94

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2161
Median household income ($/weekly) 1070
Median age of persons 28
Median housing loan repayment ($/monthly) 1950
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 156 7.2
    20-24 years 456 21.1
    25-34 years 476 22.0
    35-44 years 268 12.4
    45-54 years 191 8.8
    Others 614 28.4
    Age Group
    Census Count Percent(%)
    Not Married 825 52.4
    Registered Married 623 39.6
    Defacto Relationship 125 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 859 44.3
    Croatia 224 11.5
    Malta 130 6.7
    Sri Lanka 84 4.3
    Other 165 8.5
    Others 479 24.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 210 11.4
    Christianity 761 41.3
    Hinduism 59 3.2
    Islam 141 7.7
    No Religion 641 34.8
    Others 31 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 71 9.6
    $600-$799 73 9.8
    $1,000-$1,249 70 9.4
    $1,250-$1,499 76 10.2
    $1,500-$1,999 100 13.5
    Others 353 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 723 42.5
    Employed, worked full-time 563 33.1
    Employed, worked part-time 269 15.8
    Unemployed, looking for work 100 5.9
    Employed, away from work 45 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 273 31.1
    Technicians & trades workers 118 13.5
    Community & personal service workers 75 8.6
    Clerical & administrative workers 127 14.5
    Sales 86 9.8
    Others 198 22.6
    Occupation
    Census Count Percent(%)
    Pre-school 26 3.6
    Infants/Primary 108 15.0
    Secondary 76 10.6
    Technical or Further Educational Institution 49 6.8
    University or other Tertiary Institutions 445 62.0
    Others 14 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1335 72.1
    Flat, unit or apartment 487 26.3
    Semi-detached, row or terrace house, townhouse 29 1.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 372 47.9
    Fully owned 215 27.7
    Being purchased 190 24.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals