Suburb Profile Report for Aireys Inlet VIC (3231)

Aireys Inlet House: Median price $680,000, Annual capital growth 4.66%, Number of sales 42, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Expert Report

Investment property in Aireys Inlet has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.51%

A -0.73% growth in median value for property investors in Aireys Inlet,3231 puts this suburb at number 497th in terms of best performing suburbs in VIC

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Aireys Inlet itself are offering an average vendor discount of -7.61% to real estate investors.

On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.

Marty Maher Information supplied by:

Marty Maher
Great Ocean Properties

M 03 5220 0000
O 0419505279

W www.greatoceanproperties.com.au
E marty@greatoceanproperties.com.au
Aireys Inlet is a beautiful town 90 minutes from the Melbourne CBD incorporating the Fairhaven, Moggs Creek and Eastern View areas on the Great Ocean Road. It is extremely picturesque with beautiful beaches and the historic Split Point Lighthouse.Full summary

Aireys Inlet is a beautiful town 90 minutes from the Melbourne CBD incorporating the Fairhaven, Moggs Creek and Eastern View areas on the Great Ocean Road.  It is extremely picturesque with beautiful beaches and the historic Split Point Lighthouse.

Selling points: 
Its natural beauty and its accessibility from Melbourne. It is a popular holiday destination with great surf, fishing and walking trails link the whole area. There are five different beaches of various shapes and lengths from sandy coves to long open stretches. 
 
Most sought-after properties: 
The front row properties overlooking the beaches are most sought after but also are tightly held. 
 
Most common properties:  
The most common properties are built in a typical beach house style. Brick veneer is not common or sought after.
 
Top amenities: 
Beaches, walking trails, great cafes and an awesome pub.
 
Local industry and business:
Most local business is centred around the tourism industry. 
 
Recent changes: 
We have attracted some great operators to town recently and the town is in a very good place at present. 
 
Best streets: 
Eagle Rock Parade and Great Ocean Road where it overlooks the beach. 
 
Public transport: 
VLine run buses from Geelong
 
Main arteries: 
Great Ocean Road
Close
HOUSE UNIT
$680,000 N/A
0.00% N/A
-2.51% N/A
4.66% N/A
N/A N/A
42 N/A
N/A N/A
93.6 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Aireys Inlet VIC
Demographics
Total population 714
Median household income ($/weekly) 934
Median age of persons 46
Median housing loan repayment ($/monthly) 1408
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 99 13.9
    35-44 years 94 13.2
    45-54 years 134 18.8
    55-64 years 116 16.2
    65-74 years 64 9.0
    Others 207 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 253 53.6
    Not Married 167 35.4
    Defacto Relationship 52 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 592 87.6
    Greece 7 1.0
    Papua New Guinea 6 0.9
    United Kingdom 35 5.2
    Other 12 1.8
    Others 24 3.6
    Country of Birth
    Census Count Percent(%)
    No Religion 301 49.5
    Christianity 282 46.4
    Buddhism 14 2.3
    Other Religious Groups 8 1.3
    Hinduism 3 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 23 10.1
    $600-$799 31 13.6
    $800-$999 30 13.2
    $1,250-$1,499 25 11.0
    $1,500-$1,999 25 11.0
    Others 94 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 221 39.8
    Employed, worked part-time 155 27.9
    Employed, worked full-time 139 25.0
    Employed, away from work 22 4.0
    Unemployed, looking for work 18 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 51 16.0
    Professionals 88 27.7
    Technicians & trades workers 48 15.1
    Sales 28 8.8
    Labourers 40 12.6
    Others 63 19.8
    Occupation
    Census Count Percent(%)
    Pre-school 9 5.9
    Infants/Primary 72 47.1
    Secondary 39 25.5
    Technical or Further Educational Institution 17 11.1
    University or other Tertiary Institutions 11 7.2
    Others 5 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 595 97.5
    Semi-detached, row or terrace house, townhouse 9 1.5
    House or flat attached to a shop, office 6 1.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 124 47.5
    Being purchased 72 27.6
    Rented 65 24.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals