Suburb Profile Report for Skenes Creek VIC (3233)

Skenes Creek House: Median price $520,000, Annual capital growth 10.61%, Number of sales 13, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Skenes Creek has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 26.83% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Skenes Creek has increased when compared to the 5 year average annual rate.

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 Skenes Creek, 3233. Typically our figures indicate that -3.87% is being offered, which puts this VIC suburb at 3273th most discounted overall in Australia.

In the last year 13 properties changed hands in Skenes Creek, which puts it as the 661th most active market in VIC when comparing the number of sales per suburb.

HOUSE UNIT
$520,000 N/A
-5.45% N/A
26.83% N/A
10.61% N/A
$300 N/A
13 N/A
3.00% N/A
154 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 429
Median household income ($/weekly) 926
Median age of persons 52
Median housing loan repayment ($/monthly) 1000
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 41 9.6
    35-44 years 45 10.5
    45-54 years 81 19.0
    55-64 years 94 22.0
    65-74 years 73 17.1
    Others 93 21.8
    Age Group
    Census Count Percent(%)
    Registered Married 156 56.9
    Not Married 70 25.5
    Defacto Relationship 48 17.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 304 79.8
    Greece 6 1.6
    New Zealand 7 1.8
    United Kingdom 30 7.9
    Other 11 2.9
    Others 23 6.0
    Country of Birth
    Census Count Percent(%)
    No Religion 176 48.9
    Christianity 170 47.2
    Buddhism 8 2.2
    Judaism 3 0.8
    Other Religious Groups 3 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 16 11.5
    $400-$599 17 12.2
    $600-$799 16 11.5
    $800-$999 17 12.2
    $1,500-$1,999 20 14.4
    Others 53 38.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 126 38.1
    Employed, worked full-time 91 27.5
    Employed, worked part-time 87 26.3
    Employed, away from work 21 6.3
    Unemployed, looking for work 6 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 44 22.2
    Professionals 34 17.2
    Technicians & trades workers 35 17.7
    Community & personal service workers 23 11.6
    Labourers 23 11.6
    Others 39 19.7
    Occupation
    Census Count Percent(%)
    Pre-school 4 6.2
    Infants/Primary 26 40.0
    Secondary 16 24.6
    University or other Tertiary Institutions 9 13.8
    Other type of educational institution 6 9.2
    Others 4 6.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 325 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 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 84 57.9
    Being purchased 34 23.4
    Rented 21 14.5
    Other tenure type 6 4.1
    Tenure Type
Census 2011, ABS
Chart Table
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