Suburb Profile Report for Skenes Creek VIC (3233)

Skenes Creek House: Median price $410,000, Annual capital growth 2.87%, Number of sales 11, Weekly median advertised rent $136

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

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  • House Report

Property investors who have had real estate in Skenes Creek, 3233 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.38%

At number 22th of VIC’s most discounted properties, Skenes Creek is in the bottom 10% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Skenes Creek being $410000 and the advertised rent reaching $136 the gross rental yield for property investors calculates out to be 1.72%

HOUSE UNIT
$410,000 N/A
12.33% N/A
-2.38% N/A
2.87% N/A
$136 N/A
11 N/A
1.72% N/A
155.3 N/A

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

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