Suburb Profile Report for Barwon Heads VIC (3227)

Barwon Heads House: Median price $820,000, Annual capital growth 7.84%, Number of sales 106, Weekly median advertised rent $413

Barwon Heads Unit: Median price $537,000, Annual capital growth 5.25%, Number of sales 23, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1605th in the list of Australian suburbs ordered by increase in median house value over the last year, Barwon Heads, 3227 is in the top 40% with a property value increase of 6.77% recorded in median house prices.

A 32.05% growth in median value for property investors in Barwon Heads,3227 puts this suburb at number 245th in terms of best performing suburbs in VIC

At number 268th of VIC’s most discounted properties, Barwon Heads is in the middle of the state/territory when listing in order of most discounted to least.

At number 2768 in a list of fastest selling suburbs, Barwon Heads is in the bottom 30% of suburbs in Australia with an average of days on market 104.09 for properties listed there.

Barwon Heads is 488th on a list of best yielding suburbs for rents in VIC with a 2.62% return

Barwon Heads is in the bottom 10% in VIC when comparing median price capital growth over the last year. Barwon Heads gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.08%.

If we look at median property appreciation over just the last three months, Barwon Heads has given property investors a paper return of -0.09%. This puts Suburb as 216 on a list of fastest fasting appreciating suburbs in VIC

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Barwon Heads, 3227. Typically our figures indicate that -3.59% is being offered, which puts this VIC suburb at 1206th most discounted overall in Australia.

Situated 63.14km from the CBD, Barwon Heads is one of Greater Geelong localities in the postcode 3227.

HOUSE UNIT
$820,000 $537,000
2.18% -0.09%
6.77% -14.08%
7.84% 5.25%
$413 N/A
106 23
2.62% N/A
104.09 134.61

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3535
Median household income ($/weekly) 1428
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 569 16.1
    25-34 years 294 8.3
    35-44 years 622 17.6
    45-54 years 525 14.8
    55-64 years 437 12.4
    Others 1089 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 1286 55.4
    Not Married 796 34.3
    Defacto Relationship 241 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2959 89.7
    Papua New Guinea 29 0.9
    United Kingdom 186 5.6
    United States of America 17 0.5
    Other 20 0.6
    Others 87 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 1.4
    Christianity 1801 58.7
    Hinduism 7 0.2
    Other Religious Groups 7 0.2
    No Religion 1204 39.2
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 99 9.1
    $1,000-$1,249 105 9.7
    $1,500-$1,999 162 15.0
    $2,000-$2,499 123 11.4
    $2,500-$2,999 127 11.7
    Others 467 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 956 37.9
    Not in the labour force 837 33.2
    Employed, worked part-time 588 23.3
    Employed, away from work 76 3.0
    Unemployed, looking for work 65 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 232 14.3
    Professionals 515 31.7
    Technicians & trades workers 265 16.3
    Community & personal service workers 163 10.0
    Clerical & administrative workers 152 9.4
    Others 297 18.3
    Occupation
    Census Count Percent(%)
    Pre-school 86 9.8
    Infants/Primary 349 39.7
    Secondary 255 29.0
    Technical or Further Educational Institution 81 9.2
    University or other Tertiary Institutions 94 10.7
    Others 15 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2904 93.0
    Semi-detached, row or terrace house, townhouse 134 4.3
    Flat, unit or apartment 72 2.3
    Caravan, cabin, houseboat 9 0.3
    House or flat attached to a shop, office 5 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 474 39.0
    Fully owned 448 36.8
    Rented 289 23.8
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals