Suburb Profile Report for Barwon Heads VIC (3227)

Barwon Heads House: Median price $942,500, Annual capital growth 7.95%, Number of sales 86, Weekly median advertised rent $410

Barwon Heads Unit: Median price $635,000, Annual capital growth 6.37%, Number of sales 17, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Barwon Heads have tracked higher than the VIC average of 10.43% over the last 12 months.

If we look at median property appreciation over just the last three months, Barwon Heads has given property investors a paper return of 6.80%. This puts Suburb as 78 on a list of fastest fasting appreciating suburbs in VIC

Our latest figures would indicate that property sellers in Barwon Heads are currently offering property investors an average price cut of -5.61% below the asking price at the moment.

Barwon Heads is 512th on a list of best yielding suburbs for rents in VIC with a 2.26% return

With a capital gain of 8.55% for the last 12 months, Barwon Heads, 3227 has performed for property investments than its average annual 6.37% property growth over the last 5 years.

Barwon Heads,3227 was ranked 724 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -3.36% to buyers in Barwon Heads at the moment, which is less than average for the rest of VIC.

Property investors should expect to get $415 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$942,500 $635,000
6.80% 1.60%
17.81% 8.55%
7.95% 6.37%
$410 $415
86 17
2.26% 3.40%
94.42 62.41

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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
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Recent sales & rentals