Suburb Profile Report for Queenscliff VIC (3225)

Queenscliff House: Median price $730,000, Annual capital growth 4.07%, Number of sales 46, Weekly median advertised rent $350

Queenscliff Unit: Median price $405,000, Annual capital growth -12.79%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 9.78% which means that Queenscliff, 3225 has done well for property investors by showing a capital gain of 3.55% over the last year

If we look at median property appreciation over just the last three months, Queenscliff has given property investors a paper return of -2.99%. This puts Suburb as 651 on a list of fastest fasting appreciating suburbs in VIC

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.71% offered to property buyers. Sellers in Queenscliff itself are offering an average vendor discount of -3.77% to real estate investors.

In the last year 46 properties changed hands in Queenscliff, which puts it as the 448th most active market in VIC when comparing the number of sales per suburb.

Property investors should expect to get $350 weekly from the median priced house in this suburb.

Queenscliff is in the bottom 10% in VIC when comparing median price capital growth over the last year. Queenscliff gave property investors a dismal capital gain figure when compared to the rest of the state, with -26.36%.

Metrics i HOUSE UNIT
$730,000 $405,000
-2.99% -6.36%
3.55% -26.36%
4.07% -12.79%
$350 N/A
46 16
2.49% N/A
98.2 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Queenscliff VIC
Demographics
Total population 1417
Median household income ($/weekly) 1099
Median age of persons 52
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 143 10.1
    35-44 years 151 10.7
    45-54 years 216 15.2
    55-64 years 251 17.7
    65-74 years 221 15.6
    Others 435 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 599 57.8
    Not Married 373 36.0
    Defacto Relationship 64 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1206 89.1
    Papua New Guinea 18 1.3
    United Kingdom 70 5.2
    United States of America 6 0.4
    Other 21 1.6
    Others 33 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 865 65.8
    No Religion 426 32.4
    Buddhism 11 0.8
    Other Religious Groups 9 0.7
    Hinduism 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 82 15.7
    $600-$799 50 9.6
    $1,000-$1,249 49 9.4
    $1,500-$1,999 53 10.1
    $2,000-$2,499 49 9.4
    Others 240 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 534 45.3
    Employed, worked full-time 335 28.4
    Employed, worked part-time 235 19.9
    Employed, away from work 50 4.2
    Unemployed, looking for work 25 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 116 18.8
    Professionals 165 26.7
    Technicians & trades workers 76 12.3
    Community & personal service workers 70 11.3
    Clerical & administrative workers 72 11.7
    Others 119 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 19 6.8
    Infants/Primary 86 30.8
    Secondary 94 33.7
    Technical or Further Educational Institution 21 7.5
    University or other Tertiary Institutions 51 18.3
    Others 8 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1148 93.0
    Semi-detached, row or terrace house, townhouse 36 2.9
    Flat, unit or apartment 35 2.8
    House or flat attached to a shop, office 16 1.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 309 54.8
    Rented 135 23.9
    Being purchased 117 20.7
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals