Suburb Profile Report for Dennington VIC (3280)

Dennington House: Median price $342,000, Annual capital growth 1.83%, Number of sales 30, Weekly median advertised rent $353

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 11.41% which means that Dennington, 3280 has done well for property investors by showing a capital gain of 0.59% over the last year

Over the longer term, Dennington has seen property prices show investors a 14.00% return over the last 3 years. This is worse than over the last 12 months

At number 435th of VIC’s most discounted properties, Dennington is in the TOP 40% of the state/territory when listing in order of most discounted to least.

A $352.5 per week rent on the median house gives suburb investors a gross yield of circa 5.36%, without taking into account capital value appreciation, which has been averaging out at 1.83%.

Metrics i HOUSE UNIT
$342,000 N/A
-0.44% N/A
0.59% N/A
1.83% N/A
$353 N/A
30 N/A
5.36% N/A
89.48 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Dennington VIC
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