Suburb Profile Report for Mount Helen VIC (3350)

Mount Helen House: Median price $352,500, Annual capital growth 2.83%, Number of sales 58, Weekly median advertised rent $355

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

Source: CoreLogic

  • House Report

At number 2341th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Helen, 3350 is in the BOTTOM 50% with a property value increase of 3.37% recorded in median house prices.

Mount Helen,3350 has offered an average of 3.37% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Mount Helen 3350 should be seeing an average reduction in asking price of around -6.29% . This means that Mount Helen is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $4260 per annum or $355 every week.

Metrics i HOUSE UNIT
$352,500 N/A
-0.70% N/A
3.37% N/A
2.83% N/A
$355 N/A
58 N/A
5.24% N/A
110.11 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2718
Median household income ($/weekly) 1536
Median age of persons 28
Median housing loan repayment ($/monthly) 1649
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 307 11.3
    15-19 years 352 13.0
    20-24 years 436 16.0
    35-44 years 320 11.8
    45-54 years 344 12.7
    Others 959 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 991 55.9
    Not Married 674 38.0
    Defacto Relationship 109 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2360 89.9
    New Zealand 14 0.5
    Papua New Guinea 28 1.1
    United Kingdom 76 2.9
    Other 46 1.8
    Others 101 3.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.0
    Christianity 1659 67.0
    Hinduism 16 0.6
    Islam 18 0.7
    No Religion 754 30.4
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 75 10.4
    $1,250-$1,499 74 10.3
    $1,500-$1,999 124 17.3
    $2,000-$2,499 92 12.8
    $2,500-$2,999 74 10.3
    Others 279 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 729 33.5
    Employed, worked full-time 705 32.4
    Employed, worked part-time 556 25.6
    Employed, away from work 94 4.3
    Unemployed, looking for work 91 4.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 194 14.3
    Professionals 307 22.7
    Technicians & trades workers 166 12.3
    Community & personal service workers 180 13.3
    Clerical & administrative workers 188 13.9
    Others 319 23.6
    Occupation
    Census Count Percent(%)
    Pre-school 50 4.7
    Infants/Primary 195 18.3
    Secondary 159 14.9
    Technical or Further Educational Institution 44 4.1
    University or other Tertiary Institutions 596 55.9
    Others 23 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2206 96.5
    Semi-detached, row or terrace house, townhouse 53 2.3
    Flat, unit or apartment 25 1.1
    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 375 47.3
    Fully owned 285 35.9
    Rented 133 16.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals