Suburb Profile Report for Darley VIC (3340)

Darley House: Median price $360,000, Annual capital growth 4.54%, Number of sales 140, Weekly median advertised rent $300

Darley Unit: Median price $273,500, Annual capital growth -7.72%, Number of sales 14, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

Darley has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -0.28% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Darley has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -4.32% to buyers in Darley at the moment, which is less than average for the rest of VIC.

Often selling an investment property can take time, and in Darley the average time real estate has been on the market is 82.51 days.

With the median price for a house in Darley being $360000 and the advertised rent reaching $300 the gross rental yield for property investors calculates out to be 4.33%

Darley has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -2.32% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Darley has fallen somewhat when compared to the 5 year average annual rate.

The most recent median price for Darley is $273500, with sellers offering an average of -3.94% off the asking price.

At number 1251 in a list of fastest selling suburbs, Darley is in the bottom 20% of suburbs in Australia with an average of days on market 110.69 for properties listed there.

Darley is 79th on a list of best yielding suburbs for rents in VIC with a 5.04% return

HOUSE UNIT
$360,000 $273,500
-2.70% 5.19%
-0.28% -2.32%
4.54% -7.72%
$300 $265
140 14
4.33% 5.04%
82.51 110.69

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 7417
Median household income ($/weekly) 1387
Median age of persons 35
Median housing loan repayment ($/monthly) 1606
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1210 16.3
    25-34 years 843 11.4
    35-44 years 1108 14.9
    45-54 years 1160 15.6
    55-64 years 849 11.4
    Others 2248 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 2769 52.0
    Not Married 2021 37.9
    Defacto Relationship 537 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6225 87.5
    New Zealand 39 0.5
    Papua New Guinea 82 1.2
    United Kingdom 371 5.2
    Other 94 1.3
    Others 301 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.5
    Christianity 4596 67.8
    Hinduism 18 0.3
    Islam 20 0.3
    No Religion 2089 30.8
    Others 23 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 200 9.2
    $1,000-$1,249 220 10.1
    $1,500-$1,999 340 15.7
    $2,000-$2,499 251 11.6
    $2,500-$2,999 209 9.6
    Others 952 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2270 41.6
    Not in the labour force 1701 31.2
    Employed, worked part-time 1102 20.2
    Employed, away from work 193 3.5
    Unemployed, looking for work 186 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 371 10.4
    Professionals 519 14.6
    Technicians & trades workers 633 17.8
    Community & personal service workers 395 11.1
    Clerical & administrative workers 545 15.3
    Others 1099 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 111 5.7
    Infants/Primary 777 39.8
    Secondary 665 34.1
    Technical or Further Educational Institution 127 6.5
    University or other Tertiary Institutions 203 10.4
    Others 67 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7005 98.1
    Flat, unit or apartment 72 1.0
    Semi-detached, row or terrace house, townhouse 65 0.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1284 53.6
    Fully owned 698 29.2
    Rented 400 16.7
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals