Suburb Profile Report for Barwon Heads VIC (3227)

Barwon Heads House: Median price $855,000, Annual capital growth 6.99%, Number of sales 101, Weekly median advertised rent $410

Barwon Heads Unit: Median price $619,000, Annual capital growth 6.68%, Number of sales 20, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 5.82% for the last 12 months, Barwon Heads, 3227 has performed for property investments than its average annual 6.99% property growth over the last 5 years.

Barwon Heads,3227 was ranked 1884 in Australia by increase in median property value over the quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Barwon Heads itself are offering an average vendor discount of -5.11% to real estate investors.

Advertised rents are around the $410 mark per week – giving a return of 2.49% based on the median price in Suburb

Barwon Heads has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 15.49% to date .

Taking the average capital gain, or increase in median house value, Barwon Heads,3227 has racked up an average of 15.49% over the period. This ranks it number 569th in the whole country for real estate investors looking at median house price increases.

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 -2.32% is being offered, which puts this VIC suburb at 1418th most discounted overall in Australia.

A $360 per week rent on the median house gives suburb investors a gross yield of circa 3.02%, without taking into account capital value appreciation, which has been averaging out at 6.68%.

Metrics i HOUSE UNIT
$855,000 $619,000
1.79% -0.48%
5.82% 15.49%
6.99% 6.68%
$410 $360
101 20
2.49% 3.02%
85.87 46.38

Source: CoreLogic

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