Suburb Profile Report for Connewarre VIC (3227)

Connewarre House: Median price $936,000, Annual capital growth 25.64%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Connewarre has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 25.64%

If we look at median property appreciation over just the last three months, Connewarre has given property investors a paper return of 7.28%. This puts Suburb as 58 on a list of fastest fasting appreciating suburbs in VIC

HOUSE UNIT
$936,000 N/A
7.28% N/A
25.64% N/A
25.64% N/A
N/A N/A
12 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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Demographics
Total population 353
Median household income ($/weekly) 1281
Median age of persons 45
Median housing loan repayment ($/monthly) 1000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 40 11.4
    35-44 years 44 12.5
    45-54 years 59 16.8
    55-64 years 54 15.4
    65-74 years 45 12.8
    Others 109 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 153 56.0
    Not Married 93 34.1
    Defacto Relationship 27 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 310 90.4
    United Kingdom 18 5.2
    Papua New Guinea 6 1.7
    Other 6 1.7
    United States of America 3 0.9
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 223 68.2
    No Religion 100 30.6
    Other Religious Groups 4 1.2
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 12 10.5
    $600-$799 12 10.5
    $800-$999 13 11.4
    $1,000-$1,249 12 10.5
    $1,500-$1,999 23 20.2
    Others 42 36.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 103 35.9
    Not in the labour force 92 32.1
    Employed, worked part-time 76 26.5
    Employed, away from work 12 4.2
    Unemployed, looking for work 4 1.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 39 20.5
    Professionals 28 14.7
    Technicians & trades workers 29 15.3
    Clerical & administrative workers 30 15.8
    Sales 20 10.5
    Others 44 23.2
    Occupation
    Census Count Percent(%)
    Pre-school 4 4.3
    Infants/Primary 27 29.0
    Secondary 28 30.1
    Technical or Further Educational Institution 12 12.9
    University or other Tertiary Institutions 19 20.4
    Others 3 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 327 97.6
    Flat, unit or apartment 8 2.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    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 63 53.4
    Being purchased 45 38.1
    Rented 10 8.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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