Suburb Profile Report for Drysdale VIC (3222)

Drysdale House: Median price $430,000, Annual capital growth 4.41%, Number of sales 83, Weekly median advertised rent $338

Drysdale Unit: Median price $305,000, Annual capital growth 2.87%, Number of sales 39, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Drysdale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.61%

Comparing Drysdale,3222 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Drysdale3222 is located in VIC which offers an average discount of -5.53% to property investors. Drysdale itself is showing figures that indicate -4.36% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Drysdale the average time real estate has been on the market is 74.84 days.

Drysdale, 3222’s gross rental yield is 4.08%

Over the last year, property investments in Drysdale, 3222 have given investors a capital gain of -1.29%. This compares badly with the 4.79% for VIC as a whole.

The five-year average increase in median property values for Drysdale,3222 has given property investors a potential capital gain of 15.09% across each of those five years.

Property investors looking for a bargain in Drysdale should be aiming for at least -2.90% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 3.25 sales per month, which equates to 39 per year.

Drysdale is 88th on a list of best yielding suburbs for rents in VIC with a 4.86% return

Metrics i HOUSE UNIT
$430,000 $305,000
1.18% -0.81%
13.61% -1.29%
4.41% 2.87%
$338 $285
83 39
4.08% 4.86%
74.84 95.32

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