Suburb Profile Report for Casterton VIC (3311)

Casterton House: Median price $112,000, Annual capital growth -0.04%, Number of sales 27, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Casterton is in the bottom 10% in VIC when comparing median price capital growth over the last year. Casterton gave property investors a dismal capital gain figure when compared to the rest of the state, with -5.88%.

While Casterton,3311 ranked number 677th in VIC for increase in median house value (annualised) increase, it is ranked 622th over the last 5 years.

Property buyers and investors in Casterton 3311 should be seeing an average reduction in asking price of around -16.18% . This means that Casterton is holding prices well when compared to other suburbs in VIC.

In the last year 27 properties changed hands in Casterton, which puts it as the 543th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Casterton, 3311 is in the Glenelg local government area.

Metrics i HOUSE UNIT
$112,000 N/A
-11.29% N/A
-5.88% N/A
-0.04% N/A
N/A N/A
27 N/A
N/A N/A
140.23 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1763
Median household income ($/weekly) 666
Median age of persons 51
Median housing loan repayment ($/monthly) 780
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 186 10.6
    45-54 years 248 14.1
    55-64 years 251 14.2
    65-74 years 272 15.4
    75-84 years 198 11.2
    Others 608 34.5
    Age Group
    Census Count Percent(%)
    Registered Married 675 53.6
    Not Married 501 39.8
    Defacto Relationship 84 6.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1557 93.2
    New Zealand 8 0.5
    Papua New Guinea 15 0.9
    United Kingdom 51 3.1
    Other 23 1.4
    Others 16 1.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1257 77.7
    No Religion 350 21.6
    Buddhism 4 0.2
    Islam 4 0.2
    Other Religious Groups 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 103 15.8
    $400-$599 133 20.4
    $600-$799 74 11.4
    $800-$999 65 10.0
    $1,000-$1,249 55 8.4
    Others 221 33.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 713 50.0
    Employed, worked full-time 364 25.5
    Employed, worked part-time 251 17.6
    Employed, away from work 52 3.6
    Unemployed, looking for work 46 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 113 17.0
    Professionals 104 15.6
    Technicians & trades workers 83 12.5
    Community & personal service workers 65 9.8
    Labourers 99 14.9
    Others 202 30.3
    Occupation
    Census Count Percent(%)
    Pre-school 15 4.9
    Infants/Primary 102 33.0
    Secondary 137 44.3
    Technical or Further Educational Institution 27 8.7
    University or other Tertiary Institutions 18 5.8
    Others 10 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1492 97.3
    Flat, unit or apartment 35 2.3
    Caravan, cabin, houseboat 3 0.2
    House or flat attached to a shop, office 3 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 382 54.3
    Being purchased 192 27.3
    Rented 127 18.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals