Suburb Profile Report for Drysdale VIC (3222)

Drysdale House: Median price $420,000, Annual capital growth 3.90%, Number of sales 81, Weekly median advertised rent $333

Drysdale Unit: Median price $311,000, Annual capital growth 4.07%, Number of sales 32, Weekly median advertised rent $273

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 10.96% for the last year, Drysdale, 3222 is the 1090th highest performer in Australia in this respect.

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

The most recent median price for Drysdale is $420000, with sellers offering an average of -5.07% off the asking price.

Advertised rents are around the $332.5 mark per week – giving a return of 4.12% based on the median price in Suburb

Property value increases in Drysdale have tracked just higher than the VIC average of 4.26% over the last 12 months.

A 27.46% growth in median value for property investors in Drysdale,3222 puts this suburb at number 333th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Drysdale are currently offering property investors an average price cut of -3.05% below the asking price at the moment.

Using the current median advertised rental of $272.5 and the average annual increase in value of a median property of 4.07%, investors should hope to achieve an overall return of 4.56%

Metrics i HOUSE UNIT
$420,000 $311,000
5.00% -4.31%
10.96% 10.09%
3.90% 4.07%
$333 $273
81 32
4.12% 4.56%
92.48 74.14

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