Suburb Profile Report for Drysdale VIC (3222)

Drysdale House: Median price $400,000, Annual capital growth 4.16%, Number of sales 70, Weekly median advertised rent $328

Drysdale Unit: Median price $319,000, Annual capital growth 3.70%, Number of sales 34, Weekly median advertised rent $283

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

Source: CoreLogic

  • House Report
  • Unit Report

Drysdale, 3222 ranked 440th in VIC when comparing growth in median property values or capital gain over the last 12 months. Drysdale is one of 2098 in our list for VIC

Over the longer term, Drysdale has seen property prices show investors a 8.70% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Drysdale should be aiming for at least -5.57% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Drysdale have been waiting around 98.59 days to sell a property.

VIC has seen average median house prices change by 3.11% which means that Drysdale, 3222 has done well for property investors by showing a capital gain of 15.16% over the last year

Taking the average capital gain, or increase in median house value, Drysdale,3222 has racked up an average of 15.16% over the period. This ranks it number 512th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Drysdale is $319000, with sellers offering an average of -3.28% off the asking price.

Often selling an investment property can take time, and in Drysdale the average time real estate has been on the market is 71.36 days.

HOUSE UNIT
$400,000 $319,000
2.56% 5.28%
6.10% 15.16%
4.16% 3.70%
$328 $283
70 34
4.26% 4.61%
98.59 71.36

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4316
Median household income ($/weekly) 980
Median age of persons 45
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 566 13.1
    35-44 years 508 11.8
    45-54 years 611 14.2
    55-64 years 586 13.6
    65-74 years 451 10.4
    Others 1594 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 1810 57.8
    Not Married 1131 36.1
    Defacto Relationship 189 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3546 86.1
    Greece 30 0.7
    New Zealand 38 0.9
    United Kingdom 321 7.8
    Other 39 0.9
    Others 143 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.7
    Christianity 2849 72.9
    Islam 4 0.1
    Other Religious Groups 15 0.4
    No Religion 1010 25.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 133 9.7
    $400-$599 201 14.7
    $600-$799 150 10.9
    $800-$999 131 9.6
    $1,500-$1,999 163 11.9
    Others 593 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1504 44.2
    Employed, worked full-time 1021 30.0
    Employed, worked part-time 694 20.4
    Employed, away from work 103 3.0
    Unemployed, looking for work 84 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 201 11.1
    Professionals 301 16.6
    Technicians & trades workers 340 18.7
    Community & personal service workers 215 11.8
    Clerical & administrative workers 267 14.7
    Others 494 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 64 6.5
    Infants/Primary 361 36.4
    Secondary 335 33.8
    Technical or Further Educational Institution 83 8.4
    University or other Tertiary Institutions 110 11.1
    Others 39 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3596 91.7
    Semi-detached, row or terrace house, townhouse 192 4.9
    Flat, unit or apartment 134 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 722 47.9
    Being purchased 563 37.4
    Rented 222 14.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals