Suburb Profile Report for Eumemmerring VIC (3177)

Eumemmerring House: Median price $448,000, Annual capital growth 7.43%, Number of sales 31, Weekly median advertised rent $335

Eumemmerring Unit: Median price $320,000, Annual capital growth 2.75%, Number of sales 18, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Eumemmerring, 3177 have given investors a capital gain of 12.00%. This compares favourably with the 7.80% for VIC as a whole.

Eumemmerring,3177 has offered an average of 12.00% 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 -3.71%. This puts suburb at number 532th in VIC when ranking the most discounted suburbs.

At number 223 in a list of fastest selling suburbs, Eumemmerring is in the TOP 10% of suburbs in Australia with an average of days on market 40.64 for properties listed there.

Property investors should expect to get $335 weekly from the median priced house in this suburb.

Over the last year, property investments in Eumemmerring, 3177 have given investors a capital gain of 6.67%. This compares favourably with the 3.63% for VIC as a whole.

Over the longer term, Eumemmerring has seen property prices show investors a 13.27% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Eumemmerring is giving property investors an average Vendor Discount of around -2.73%. This puts suburb at number 294th in VIC when ranking the most discounted suburbs.

At number 812 in a list of fastest selling suburbs, Eumemmerring is just in the bottom half of suburbs in Australia with an average of days on market 79.6 for properties listed there.

HOUSE UNIT
$448,000 $320,000
5.41% -1.54%
12.00% 6.67%
7.43% 2.75%
$335 $280
31 18
3.89% 4.55%
40.64 79.6

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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