Suburb Profile Report for Clayton South VIC (3169)

Clayton South House: Median price $732,000, Annual capital growth 9.32%, Number of sales 98, Weekly median advertised rent $390

Clayton South Unit: Median price $415,000, Annual capital growth 5.22%, Number of sales 88, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Property investors who have had real estate in Clayton South, 3169 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.53%

Comparing Clayton South,3169 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Clayton South are currently offering property investors an average price cut of -9.61% below the asking price at the moment.

Advertised rents are around the $390 mark per week – giving a return of 2.77% based on the median price in Suburb

Clayton South has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -5.03% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Clayton South has increased when compared to the 5 year average annual rate.

Clayton South3169 is located in VIC which offers an average discount of -5.08% to property investors. Clayton South itself is showing figures that indicate -8.04% is the average achievable by property buyers investing in the suburb.

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

The VIC suburb of Clayton South, 3169 is in the Kingston local government area.

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
$732,000 $415,000
0.55% 1.84%
12.53% -5.03%
9.32% 5.22%
$390 $360
98 88
2.77% 4.51%
58.25 84.36

Source: CoreLogic

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