Suburb Profile Report for Heywood VIC (3304)

Heywood House: Median price $142,500, Annual capital growth -0.04%, Number of sales 20, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report

Property value increases in Heywood have tracked lower than the VIC average of 8.13% over the last 12 months.

Comparing Heywood,3304 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

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 Heywood, 3304. Typically our figures indicate that -7.21% is being offered, which puts this VIC suburb at 1122th most discounted overall in Australia.

Advertised rents are around the $200 mark per week – giving a return of 7.30% based on the median price in Suburb

HOUSE UNIT
$142,500 N/A
-8.06% N/A
-24.00% N/A
-0.04% N/A
$200 N/A
20 N/A
7.30% N/A
150.42 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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Demographics
Total population 1725
Median household income ($/weekly) 771
Median age of persons 44
Median housing loan repayment ($/monthly) 1083
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 209 12.1
    35-44 years 212 12.3
    45-54 years 269 15.6
    55-64 years 244 14.1
    65-74 years 175 10.1
    Others 616 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 599 47.8
    Not Married 524 41.8
    Defacto Relationship 131 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1532 92.8
    New Zealand 16 1.0
    Papua New Guinea 37 2.2
    United Kingdom 37 2.2
    Other 9 0.5
    Others 19 1.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.4
    Christianity 1039 69.2
    Hinduism 3 0.2
    Islam 6 0.4
    No Religion 445 29.6
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 79 12.3
    $400-$599 105 16.4
    $600-$799 101 15.7
    $800-$999 58 9.0
    $1,500-$1,999 61 9.5
    Others 238 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 571 42.3
    Employed, worked full-time 442 32.7
    Employed, worked part-time 237 17.6
    Employed, away from work 55 4.1
    Unemployed, looking for work 45 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 128 17.5
    Technicians & trades workers 97 13.2
    Clerical & administrative workers 73 10.0
    Machinery operators & drivers 114 15.6
    Labourers 107 14.6
    Others 214 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 20 6.1
    Infants/Primary 137 41.8
    Secondary 113 34.5
    Technical or Further Educational Institution 38 11.6
    Other type of educational institution 11 3.4
    Others 9 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1517 96.0
    Semi-detached, row or terrace house, townhouse 54 3.4
    Caravan, cabin, houseboat 6 0.4
    House or flat attached to a shop, office 3 0.2
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 295 43.4
    Being purchased 221 32.5
    Rented 160 23.5
    Other tenure type 4 0.6
    Tenure Type
Census 2011, ABS
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