Suburb Profile Report for Drysdale VIC (3222)

Drysdale House: Median price $420,000, Annual capital growth 4.13%, Number of sales 78, Weekly median advertised rent $330

Drysdale Unit: Median price $312,000, Annual capital growth 3.49%, Number of sales 31, Weekly median advertised rent $278

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 11.41% for the last 12 months, Drysdale, 3222 has performed for property investments than its average annual 4.13% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Drysdale has given property investors a paper return of 7.55%. This puts Suburb as 47 on a list of fastest fasting appreciating suburbs in VIC

LACK OF BUYER INTEREST may well be the reason that Drysdale is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 386th in terms of most discounted suburbs in VIC

Situated 52.28km from the CBD, Drysdale is one of Greater Geelong localities in the postcode 3222.

Drysdale has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.59% to date .

Property investors looking for a bargain in Drysdale should be aiming for at least -3.07% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.

Renters in Suburb are facing rents around $3330 per annum or $277.5 every week.

Metrics i HOUSE UNIT
$420,000 $312,000
7.55% N/A
11.41% 7.59%
4.13% 3.49%
$330 $278
78 31
4.09% 4.63%
94.32 71.86

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Drysdale VIC
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