Suburb Profile Report for Invermay Park VIC (3350)

Invermay Park House: Median price $382,000, Annual capital growth 1.96%, Number of sales 22, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property value increases in Invermay Park have tracked just lower than the VIC average of 9.78% over the last 12 months.

Taking the average capital gain, or increase in median house value, Invermay Park,3350 has racked up an average of 4.66% over the period. This ranks it number 3390th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Invermay Park is giving property investors an average Vendor Discount of around -3.83%. This puts suburb at number 478th in VIC when ranking the most discounted suburbs.

The VIC suburb of Invermay Park, 3350 is in the Ballarat local government area.

Metrics i HOUSE UNIT
$382,000 N/A
3.24% N/A
4.66% N/A
1.96% N/A
N/A N/A
22 N/A
N/A N/A
48.7 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1881
Median household income ($/weekly) 1432
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 330 17.5
    35-44 years 285 15.2
    45-54 years 323 17.2
    55-64 years 237 12.6
    65-74 years 166 8.8
    Others 540 28.7
    Age Group
    Census Count Percent(%)
    Registered Married 846 63.2
    Not Married 414 30.9
    Defacto Relationship 79 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1744 95.6
    Egypt 10 0.5
    Papua New Guinea 7 0.4
    United Kingdom 29 1.6
    Other 7 0.4
    Others 28 1.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1411 80.5
    No Religion 336 19.2
    Islam 5 0.3
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 60 10.2
    $1,000-$1,249 67 11.3
    $1,500-$1,999 94 15.9
    $2,000-$2,499 79 13.4
    $2,500-$2,999 62 10.5
    Others 229 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 612 43.2
    Not in the labour force 424 29.9
    Employed, worked part-time 310 21.9
    Employed, away from work 45 3.2
    Unemployed, looking for work 27 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 133 13.7
    Professionals 179 18.5
    Technicians & trades workers 130 13.4
    Clerical & administrative workers 157 16.2
    Sales 120 12.4
    Others 249 25.7
    Occupation
    Census Count Percent(%)
    Pre-school 44 8.5
    Infants/Primary 207 39.9
    Secondary 177 34.1
    Technical or Further Educational Institution 24 4.6
    University or other Tertiary Institutions 56 10.8
    Others 11 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1692 94.8
    Semi-detached, row or terrace house, townhouse 93 5.2
    Flat, unit or apartment 0 0.0
    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 298 46.9
    Fully owned 267 42.0
    Rented 70 11.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals