Suburb Profile Report for Clayton South VIC (3169)

Clayton South House: Median price $754,000, Annual capital growth 9.65%, Number of sales 91, Weekly median advertised rent $400

Clayton South Unit: Median price $415,000, Annual capital growth 5.70%, 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

If you compare the increase in value of investment property in Clayton South, 3169 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.46%.

A 57.58% growth in median value for property investors in Clayton South,3169 puts this suburb at number 387th in terms of best performing suburbs in VIC

Clayton South3169 is located in VIC which offers an average discount of -5.80% to property investors. Clayton South itself is showing figures that indicate -12.66% is the average achievable by property buyers investing in the suburb.

A $399.5 per week rent on the median house gives suburb investors a gross yield of circa 2.76%, without taking into account capital value appreciation, which has been averaging out at 9.65%.

Property investors who have had real estate in Clayton South, 3169 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%

Across a shorter period, Clayton South, 3169 has seen a median price increase of 2.47% over the last quarter.

The most recent median price for Clayton South is $415000, with sellers offering an average of -6.64% off the asking price.

Renters in Suburb are facing rents around $4320 per annum or $360 every week.

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
$754,000 $415,000
2.10% 2.47%
11.46% 0.00%
9.65% 5.70%
$400 $360
91 88
2.76% 4.51%
61.4 89.53

Source: CoreLogic

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