Suburb Profile Report for Point Lonsdale VIC (3225)

Point Lonsdale House: Median price $682,500, Annual capital growth 4.61%, Number of sales 110, Weekly median advertised rent $390

Point Lonsdale Unit: Median price $575,000, Annual capital growth 6.62%, Number of sales 13, Weekly median advertised rent $288

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

Source: CoreLogic

  • House Report
  • Unit Report

Point Lonsdale has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.20% to date .

While Point Lonsdale,3225 ranked number 508th in VIC for increase in median house value (annualised) increase, it is ranked 601th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Point Lonsdale is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 35th in terms of most discounted suburbs in VIC

A $390 per week rent on the median house gives suburb investors a gross yield of circa 2.97%, without taking into account capital value appreciation, which has been averaging out at 4.61%.

Property value increases in Point Lonsdale have tracked higher than the VIC average of 5.66% over the last 12 months.

Comparing Point Lonsdale,3225 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Metrics i HOUSE UNIT
$682,500 $575,000
0.37% -0.86%
9.20% 19.79%
4.61% 6.62%
$390 $288
110 13
2.97% 2.60%
130.18 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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
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