Suburb Profile Report for Point Lonsdale VIC (3225)

Point Lonsdale House: Median price $640,000, Annual capital growth 3.34%, Number of sales 89, Weekly median advertised rent $380

Point Lonsdale Unit: Median price $617,500, Annual capital growth 7.98%, Number of sales 14, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Point Lonsdale, 3225 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.76%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Point Lonsdale has fallen somewhat when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -4.78% to buyers in Point Lonsdale at the moment, which is less than average for the rest of VIC.

In the last year 89 properties changed hands in Point Lonsdale, which puts it as the 291th most active market in VIC when comparing the number of sales per suburb.

Point Lonsdale, 3225’s gross rental yield is 3.09%

If you compare the increase in value of investment property in Point Lonsdale, 3225 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 30.00%.

While Point Lonsdale,3225 ranked number 4th in VIC for increase in median house value (annualised) increase, it is ranked 3rd over the last 5 years.

Our latest figures would indicate that property sellers in Point Lonsdale are currently offering property investors an average price cut of -4.39% below the asking price at the moment.

Advertised rents are around the $330 mark per week – giving a return of 2.78% based on the median price in Suburb

HOUSE UNIT
$640,000 $617,500
0.79% 26.02%
-3.76% 30.00%
3.34% 7.98%
$380 $330
89 14
3.09% 2.78%
122.9 80.2

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Point Lonsdale VIC
Demographics
Total population 2467
Median household income ($/weekly) 998
Median age of persons 55
Median housing loan repayment ($/monthly) 1300
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 265 10.7
    45-54 years 265 10.7
    55-64 years 397 16.1
    65-74 years 430 17.4
    75-84 years 325 13.2
    Others 784 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 1006 58.2
    Not Married 609 35.2
    Defacto Relationship 115 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2074 89.7
    Greece 16 0.7
    New Zealand 17 0.7
    Papua New Guinea 18 0.8
    United Kingdom 113 4.9
    Others 75 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.7
    Christianity 1572 70.1
    Hinduism 8 0.4
    Judaism 4 0.2
    No Religion 639 28.5
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 129 14.0
    $600-$799 105 11.4
    $800-$999 99 10.7
    $1,250-$1,499 85 9.2
    $1,500-$1,999 110 11.9
    Others 393 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1062 54.2
    Employed, worked full-time 443 22.6
    Employed, worked part-time 365 18.6
    Employed, away from work 51 2.6
    Unemployed, looking for work 39 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 157 18.3
    Professionals 257 30.0
    Technicians & trades workers 100 11.7
    Community & personal service workers 76 8.9
    Clerical & administrative workers 107 12.5
    Others 160 18.7
    Occupation
    Census Count Percent(%)
    Pre-school 41 9.4
    Infants/Primary 166 38.2
    Secondary 126 29.0
    Technical or Further Educational Institution 36 8.3
    University or other Tertiary Institutions 54 12.4
    Others 12 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1978 93.2
    Semi-detached, row or terrace house, townhouse 124 5.8
    Flat, unit or apartment 20 0.9
    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 552 57.0
    Being purchased 217 22.4
    Rented 196 20.2
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals