Suburb Profile Report for Breakwater VIC (3219)

Breakwater House: Median price $310,000, Annual capital growth 5.40%, Number of sales 22, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report

At number 1172th in the list of Australian suburbs ordered by increase in median house value over the last year, Breakwater, 3219 is in the top 30% with a property value increase of 12.73% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Breakwater comes in at number 440th in VIC.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Breakwater itself are offering an average vendor discount of -4.31% to real estate investors.

At number 372 in a list of fastest selling suburbs, Breakwater is in the TOP 10% of suburbs in Australia with an average of days on market 39.44 for properties listed there.

Metrics i HOUSE UNIT
$310,000 N/A
1.64% N/A
12.73% N/A
5.40% N/A
$295 N/A
22 N/A
4.95% N/A
39.44 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1059
Median household income ($/weekly) 802
Median age of persons 38
Median housing loan repayment ($/monthly) 1387
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 163 15.4
    35-44 years 121 11.4
    45-54 years 125 11.8
    55-64 years 126 11.9
    65-74 years 114 10.8
    Others 409 38.7
    Age Group
    Census Count Percent(%)
    Not Married 421 50.6
    Registered Married 311 37.4
    Defacto Relationship 100 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 834 84.2
    Bosnia and Herzegovina 8 0.8
    New Zealand 10 1.0
    United Kingdom 45 4.5
    Other 26 2.6
    Others 67 6.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 1.0
    Christianity 660 69.0
    Hinduism 7 0.7
    Other Religious Groups 6 0.6
    No Religion 271 28.3
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 47 11.0
    $400-$599 61 14.3
    $600-$799 65 15.2
    $800-$999 58 13.6
    $1,500-$1,999 42 9.8
    Others 154 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 348 40.7
    Employed, worked full-time 274 32.1
    Employed, worked part-time 149 17.4
    Unemployed, looking for work 61 7.1
    Employed, away from work 22 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 45 10.2
    Technicians & trades workers 88 20.0
    Community & personal service workers 55 12.5
    Clerical & administrative workers 44 10.0
    Labourers 91 20.6
    Others 118 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.5
    Infants/Primary 64 35.4
    Secondary 48 26.5
    Technical or Further Educational Institution 27 14.9
    University or other Tertiary Institutions 23 12.7
    Others 9 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 895 88.8
    Semi-detached, row or terrace house, townhouse 88 8.7
    Flat, unit or apartment 22 2.2
    House or flat attached to a shop, office 3 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 162 35.7
    Fully owned 150 33.0
    Being purchased 142 31.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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