Suburb Profile Report for Maddingley VIC (3340)

Maddingley House: Median price $355,000, Annual capital growth 3.69%, Number of sales 87, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 11.00% which means that Maddingley, 3340 has done well for property investors by showing a capital gain of 5.03% over the last year

While Maddingley,3340 ranked number 526th in VIC for increase in median house value (annualised) increase, it is ranked 520th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Maddingley is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 514th in terms of most discounted suburbs in VIC

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 3.69%, investors should hope to achieve an overall return of 5.13%

Metrics i HOUSE UNIT
$355,000 N/A
0.00% N/A
5.03% N/A
3.69% N/A
$350 N/A
87 N/A
5.13% N/A
74.23 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2393
Median household income ($/weekly) 1263
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 360 15.0
    25-34 years 352 14.7
    35-44 years 385 16.1
    45-54 years 271 11.3
    55-64 years 258 10.8
    Others 767 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 774 46.6
    Not Married 662 39.9
    Defacto Relationship 224 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1949 86.4
    New Zealand 17 0.8
    Papua New Guinea 36 1.6
    United Kingdom 108 4.8
    Other 35 1.6
    Others 112 5.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 8 0.4
    Christianity 1446 66.7
    Hinduism 17 0.8
    Other Religious Groups 10 0.5
    No Religion 675 31.1
    Others 11 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 72 9.7
    $1,000-$1,249 88 11.8
    $1,250-$1,499 76 10.2
    $1,500-$1,999 128 17.2
    $2,000-$2,499 74 9.9
    Others 306 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 701 40.0
    Not in the labour force 551 31.4
    Employed, worked part-time 360 20.5
    Employed, away from work 81 4.6
    Unemployed, looking for work 59 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 139 12.2
    Professionals 156 13.6
    Technicians & trades workers 213 18.6
    Community & personal service workers 129 11.3
    Clerical & administrative workers 174 15.2
    Others 333 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 40 7.1
    Infants/Primary 223 39.5
    Secondary 168 29.8
    Technical or Further Educational Institution 41 7.3
    University or other Tertiary Institutions 63 11.2
    Others 29 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2137 95.7
    Flat, unit or apartment 90 4.0
    Semi-detached, row or terrace house, townhouse 3 0.1
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 391 48.0
    Rented 219 26.9
    Fully owned 197 24.2
    Other tenure type 8 1.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals