Suburb Profile Report for Marengo VIC (3233)

Marengo House: Median price $589,500, Annual capital growth -10.80%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Marengo, 3233 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -8.60%.

In the last year 10 properties changed hands in Marengo, which puts it as the 711th most active market in VIC when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$589,500 N/A
-0.63% N/A
-8.60% N/A
-10.80% N/A
N/A N/A
10 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Below average (H)
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Demographics
Total population 222
Median household income ($/weekly) 919
Median age of persons 49
Median housing loan repayment ($/monthly) 1506
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 20 9.1
    45-54 years 39 17.8
    55-64 years 44 20.1
    65-74 years 35 16.0
    75-84 years 19 8.7
    Others 62 28.3
    Age Group
    Census Count Percent(%)
    Registered Married 72 48.6
    Not Married 46 31.1
    Defacto Relationship 30 20.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 178 85.2
    Germany 6 2.9
    Greece 3 1.4
    United Kingdom 15 7.2
    United States of America 4 1.9
    Others 3 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 111 56.1
    No Religion 87 43.9
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 16 20.0
    $600-$799 12 15.0
    $800-$999 11 13.8
    $1,000-$1,249 7 8.8
    $1,250-$1,499 8 10.0
    Others 26 32.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 69 39.2
    Employed, worked part-time 49 27.8
    Employed, worked full-time 46 26.1
    Employed, away from work 8 4.5
    Unemployed, looking for work 4 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 17 16.0
    Professionals 13 12.3
    Technicians & trades workers 25 23.6
    Clerical & administrative workers 13 12.3
    Labourers 18 17.0
    Others 20 18.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 14 50.0
    Secondary 6 21.4
    Pre-school 5 17.9
    University or other Tertiary Institutions 3 10.7
    Technical or Further Educational Institution 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 166 94.9
    Semi-detached, row or terrace house, townhouse 6 3.4
    Flat, unit or apartment 3 1.7
    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 38 45.8
    Being purchased 32 38.6
    Rented 13 15.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals