Suburb Profile Report for Dennington VIC (3280)

Dennington House: Median price $350,000, Annual capital growth 1.57%, Number of sales 34, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

Dennington has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 2.94% to date .

Taking the average capital gain, or increase in median house value, Dennington,3280 has racked up an average of 2.94% over the period. This ranks it number 2765th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Dennington 3280 should be seeing an average reduction in asking price of around -4.03% . This means that Dennington is holding prices well when compared to other suburbs in VIC.

On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.

Metrics i HOUSE UNIT
$350,000 N/A
-0.28% N/A
2.94% N/A
1.57% N/A
$360 N/A
34 N/A
5.35% N/A
92.07 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1557
Median household income ($/weekly) 1306
Median age of persons 31
Median housing loan repayment ($/monthly) 1562
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 153 9.8
    5-14 years 272 17.5
    25-34 years 233 15.0
    35-44 years 243 15.6
    45-54 years 174 11.2
    Others 481 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 525 50.5
    Not Married 409 39.3
    Defacto Relationship 106 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1375 94.4
    Greece 10 0.7
    Papua New Guinea 13 0.9
    United Kingdom 29 2.0
    United States of America 6 0.4
    Others 23 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1001 70.9
    No Religion 398 28.2
    Buddhism 6 0.4
    Islam 3 0.2
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 50 10.6
    $1,000-$1,249 56 11.8
    $1,250-$1,499 62 13.1
    $1,500-$1,999 101 21.4
    $2,000-$2,499 58 12.3
    Others 146 30.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 476 44.0
    Not in the labour force 292 27.0
    Employed, worked part-time 233 21.5
    Employed, away from work 56 5.2
    Unemployed, looking for work 26 2.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 88 11.6
    Technicians & trades workers 172 22.6
    Clerical & administrative workers 91 12.0
    Sales 92 12.1
    Labourers 92 12.1
    Others 226 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 29 7.3
    Infants/Primary 173 43.7
    Secondary 123 31.1
    Technical or Further Educational Institution 39 9.8
    University or other Tertiary Institutions 25 6.3
    Others 7 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1451 99.0
    House or flat attached to a shop, office 10 0.7
    Semi-detached, row or terrace house, townhouse 5 0.3
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 261 53.3
    Fully owned 132 26.9
    Rented 93 19.0
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals