Suburb Profile Report for Eumemmerring VIC (3177)

Eumemmerring House: Median price $462,500, Annual capital growth 7.18%, Number of sales 23, Weekly median advertised rent $340

Eumemmerring Unit: Median price $335,000, Annual capital growth 8.10%, Number of sales 22, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Eumemmerring is in the TOP 20% in VIC when comparing median price capital growth over the last year. Eumemmerring gave property investors a very good capital gain figure when compared to the rest of the state, with 15.05%.

Eumemmerring,3177 has offered an average of 15.05% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Eumemmerring is giving property investors an average Vendor Discount of around -3.13%. This puts suburb at number 563th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Eumemmerring the average time real estate has been on the market is 53.38 days.

The VIC suburb of Eumemmerring, 3177 is in the Casey local government area.

Eumemmerring is an average performer in VIC when comparing median price capital growth over the last year. Eumemmerring gave property investors a average capital gain figure when compared to the rest of the state, with 3.88%.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Eumemmerring, 3177. Typically our figures indicate that -3.86% is being offered, which puts this VIC suburb at 1121th most discounted overall in Australia.

On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.

With the median price for a house in Eumemmerring being $335000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.50%

Metrics i HOUSE UNIT
$462,500 $335,000
2.69% N/A
15.05% 3.88%
7.18% 8.10%
$340 $290
23 22
3.82% 4.50%
53.38 66.42

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1851
Median household income ($/weekly) 796
Median age of persons 40
Median housing loan repayment ($/monthly) 1326
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 210 11.4
    25-34 years 237 12.8
    35-44 years 239 12.9
    45-54 years 246 13.3
    55-64 years 205 11.1
    Others 713 38.5
    Age Group
    Census Count Percent(%)
    Not Married 716 52.1
    Registered Married 587 42.7
    Defacto Relationship 71 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 818 49.1
    Indonesia 52 3.1
    Papua New Guinea 52 3.1
    United Kingdom 93 5.6
    Other 241 14.5
    Others 411 24.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 90 5.6
    Christianity 1002 62.5
    Islam 194 12.1
    Other Religious Groups 30 1.9
    No Religion 257 16.0
    Others 31 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 82 13.6
    $400-$599 94 15.5
    $600-$799 76 12.6
    $800-$999 70 11.6
    $1,000-$1,249 64 10.6
    Others 219 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 653 47.7
    Employed, worked full-time 408 29.8
    Employed, worked part-time 189 13.8
    Unemployed, looking for work 69 5.0
    Employed, away from work 50 3.7
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 116 17.8
    Community & personal service workers 64 9.8
    Clerical & administrative workers 85 13.1
    Machinery operators & drivers 122 18.7
    Labourers 107 16.4
    Others 157 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 26 7.4
    Infants/Primary 106 30.4
    Secondary 119 34.1
    Technical or Further Educational Institution 40 11.5
    University or other Tertiary Institutions 38 10.9
    Others 20 5.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1373 80.2
    Flat, unit or apartment 339 19.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 254 38.0
    Fully owned 203 30.4
    Being purchased 197 29.5
    Other tenure type 14 2.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals