Suburb Profile Report for Clayton South VIC (3169)

Clayton South House: Median price $702,550, Annual capital growth 8.98%, Number of sales 88, Weekly median advertised rent $390

Clayton South Unit: Median price $405,000, Annual capital growth 5.58%, Number of sales 95, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

If you compare the increase in value of investment property in Clayton South, 3169 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 17.09%.

Across a shorter period, Clayton South, 3169 has seen a median price increase of 2.86% over the last quarter.

The most recent median price for Clayton South is $702550, with sellers offering an average of -5.87% off the asking price.

On average over the past year, suburb has had 7.33 sales per month, which equates to 88 per year.

A $390 per week rent on the median house gives suburb investors a gross yield of circa 2.89%, without taking into account capital value appreciation, which has been averaging out at 8.98%.

Clayton South is in the bottom 20% in VIC when comparing median price capital growth over the last year. Clayton South gave property investors a dismal capital gain figure when compared to the rest of the state, with -6.79%.

Clayton South,3169 has offered an average of -6.79% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -7.43% to buyers in Clayton South at the moment, which is less than average for the rest of VIC.

On average over the past year, suburb has had 7.92 sales per month, which equates to 95 per year.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

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
HOUSE UNIT
$702,550 $405,000
2.86% -1.24%
17.09% -6.79%
8.98% 5.58%
$390 $360
88 95
2.89% 4.62%
62.89 77.98

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
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Recent sales & rentals