Suburb Profile Report for Mortlake VIC (3272)

Mortlake House: Median price $158,000, Annual capital growth 1.54%, Number of sales 28, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report

Property value increases in Mortlake have tracked just higher than the VIC average of 9.78% over the last 12 months.

Taking the average capital gain, or increase in median house value, Mortlake,3272 has racked up an average of 12.86% over the period. This ranks it number 1284th in the whole country for real estate investors looking at median house price increases.

Mortlake, 3272 is offering VIC ‘s 29th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.

In the last year 28 properties changed hands in Mortlake, which puts it as the 536th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Mortlake, 3272 is in the Moyne local government area.

Metrics i HOUSE UNIT
$158,000 N/A
0.80% N/A
12.86% N/A
1.54% N/A
$220 N/A
28 N/A
7.24% N/A
147.4 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1354
Median household income ($/weekly) 776
Median age of persons 47
Median housing loan repayment ($/monthly) 867
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 161 11.9
    35-44 years 145 10.7
    45-54 years 165 12.2
    55-64 years 199 14.7
    65-74 years 164 12.1
    Others 521 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 501 50.9
    Not Married 394 40.0
    Defacto Relationship 90 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1219 93.1
    New Zealand 7 0.5
    Papua New Guinea 24 1.8
    United Kingdom 36 2.7
    Other 15 1.1
    Others 9 0.7
    Country of Birth
    Census Count Percent(%)
    Christianity 970 78.0
    No Religion 262 21.1
    Islam 8 0.6
    Other Religious Groups 3 0.2
    Buddhism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 62 12.0
    $400-$599 95 18.4
    $600-$799 66 12.8
    $800-$999 61 11.8
    $1,000-$1,249 46 8.9
    Others 187 36.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 484 46.4
    Employed, worked full-time 331 31.8
    Employed, worked part-time 172 16.5
    Employed, away from work 30 2.9
    Unemployed, looking for work 25 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 121 22.6
    Professionals 63 11.8
    Technicians & trades workers 90 16.8
    Community & personal service workers 55 10.3
    Labourers 77 14.4
    Others 129 24.1
    Occupation
    Census Count Percent(%)
    Pre-school 16 5.9
    Infants/Primary 114 42.2
    Secondary 76 28.1
    Technical or Further Educational Institution 28 10.4
    University or other Tertiary Institutions 23 8.5
    Others 13 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1225 97.8
    Semi-detached, row or terrace house, townhouse 19 1.5
    Caravan, cabin, houseboat 3 0.2
    Improvised home, tent, sleepers out 3 0.2
    House or flat attached to a shop, office 3 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 265 49.0
    Being purchased 151 27.9
    Rented 122 22.6
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals