Suburb Profile Report for Mount Helen VIC (3350)

Mount Helen House: Median price $362,500, Annual capital growth 2.89%, Number of sales 52, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

Mount Helen, 3350 ranked 503th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mount Helen is one of 2098 in our list for VIC

Taking the average capital gain, or increase in median house value, Mount Helen,3350 has racked up an average of 4.47% over the period. This ranks it number 3109th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Mount Helen 3350 should be seeing an average reduction in asking price of around -5.16% . This means that Mount Helen is holding prices well when compared to other suburbs in VIC.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 2.89%, investors should hope to achieve an overall return of 5.16%

Metrics i HOUSE UNIT
$362,500 N/A
2.11% N/A
4.47% N/A
2.89% N/A
$360 N/A
52 N/A
5.16% N/A
100.95 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (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