Suburb Profile Report for Invermay Park VIC (3350)

Invermay Park House: Median price $365,000, Annual capital growth 1.81%, Number of sales 23, Weekly median advertised rent $375

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

Source: CoreLogic

  • House Report

With a capital gain of -6.41% for the last 12 months, Invermay Park, 3350 has performed for property investments than its average annual 1.81% property growth over the last 5 years.

Invermay Park3350 is located in VIC which offers an average discount of -5.99% to property investors. Invermay Park itself is showing figures that indicate -3.66% is the average achievable by property buyers investing in the suburb.

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

HOUSE UNIT
$365,000 N/A
N/A N/A
-6.41% N/A
1.81% N/A
$375 N/A
23 N/A
5.34% N/A
56.91 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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