Suburb Profile Report for Clayton South VIC (3169)

Clayton South House: Median price $771,000, Annual capital growth 9.29%, Number of sales 102, Weekly median advertised rent $400

Clayton South Unit: Median price $417,900, Annual capital growth 5.68%, Number of sales 89, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Clayton South, 3169 ranked 312th in VIC when comparing growth in median property values or capital gain over the last 12 months. Clayton South is one of 2098 in our list for VIC

When looking at the potential capital gains offered to property investors over the last 3 years, Clayton South comes in at number 211th in VIC.

Clayton South3169 is located in VIC which offers an average discount of -5.53% to property investors. Clayton South itself is showing figures that indicate -5.98% is the average achievable by property buyers investing in the suburb.

At number 826 in a list of fastest selling suburbs, Clayton South is in the TOP 30% of suburbs in Australia with an average of days on market 53.6 for properties listed there.

Giving property investors a an average capital gain of 1.93% for the last year, Clayton South, 3169 is the 991th highest performer in Australia in this respect.

Across a shorter period, Clayton South, 3169 has seen a median price increase of 2.43% over the last quarter.

Property investors looking for a bargain in Clayton South should be aiming for at least -4.58% off the asking price, which is the average vendor discount being achieved at the moment.

Clayton South, 3169’s gross rental yield is 4.48%

YIP MAG Information supplied by:

YIP MAG
May 2016

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Twenty kilometres from the centre of Melbourne, Clayton South has had a strong few years.Full summary Twenty kilometres from the centre of Melbourne, Clayton South has had a strong few years.

According to CoreLogic RP Data, the median house price is currently a respectable $637,500, having increased 35% over the past three years.

Taking a broad look at the suburb and surrounding areas, there are some obvious amenities that have helped Clayton South along.

Westall train station offers easy access to the rest of the city, while there are a plethora of education facilities, from primary to tertiary, nearby.

The Monash Medical Centre is also close by, and there is plenty of parkland in the area as well.

Buyers looking at Clayton South might want to avoid Deals Road and Osborne Avenue given their proximity to a landfill facility.

Rental returns have suffered in Clayton South as a result of its capital growth, with houses returning only 3%Close
Metrics i HOUSE UNIT
$771,000 $417,900
2.63% 2.43%
11.98% 1.93%
9.29% 5.68%
$400 $360
102 89
2.70% 4.48%
53.6 84.94

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Clayton South VIC
Demographics
Total population 11624
Median household income ($/weekly) 1052
Median age of persons 33
Median housing loan repayment ($/monthly) 1700
Average household size 2.8
  • Census Count Percent(%)
    20-24 years 1143 9.8
    25-34 years 2526 21.7
    35-44 years 1516 13.0
    45-54 years 1251 10.8
    55-64 years 1106 9.5
    Others 4083 35.1
    Age Group
    Census Count Percent(%)
    Registered Married 4588 49.4
    Not Married 4287 46.1
    Defacto Relationship 418 4.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3866 35.4
    Croatia 730 6.7
    Hong Kong 682 6.2
    Indonesia 1609 14.7
    Other 1170 10.7
    Others 2876 26.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 1308 12.2
    Christianity 5551 52.0
    Hinduism 796 7.5
    Other Religious Groups 646 6.0
    No Religion 1769 16.6
    Others 611 5.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 431 12.0
    $600-$799 385 10.7
    $800-$999 361 10.1
    $1,000-$1,249 361 10.1
    $1,500-$1,999 480 13.4
    Others 1574 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3711 40.0
    Employed, worked full-time 3176 34.2
    Employed, worked part-time 1611 17.4
    Unemployed, looking for work 454 4.9
    Employed, away from work 324 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 855 16.7
    Technicians & trades workers 762 14.9
    Clerical & administrative workers 698 13.7
    Machinery operators & drivers 595 11.6
    Labourers 766 15.0
    Others 1435 28.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 643 24.5
    Secondary 555 21.2
    Technical or Further Educational Institution 346 13.2
    University or other Tertiary Institutions 746 28.5
    Other type of educational institution 185 7.1
    Others 147 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7628 68.8
    Semi-detached, row or terrace house, townhouse 1729 15.6
    Flat, unit or apartment 1715 15.5
    House or flat attached to a shop, office 20 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1488 38.6
    Rented 1376 35.7
    Being purchased 965 25.1
    Other tenure type 21 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals