Suburb Profile Report for Mount Helen VIC (3350)

Mount Helen House: Median price $355,000, Annual capital growth 3.83%, Number of sales 43, Weekly median advertised rent $363

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Mount Helen, 3350 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.01%.

Over the longer term, Mount Helen has seen property prices show investors a 1.43% return over the last 3 years. This is worse than over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mount Helen, 3350. Typically our figures indicate that -6.10% is being offered, which puts this VIC suburb at 1807th most discounted overall in Australia.

Often selling an investment property can take time, and in Mount Helen the average time real estate has been on the market is 93.73 days.

Mount Helen is 89th on a list of best yielding suburbs for rents in VIC with a 5.31% return

HOUSE UNIT
$355,000 N/A
1.43% N/A
-3.01% N/A
3.83% N/A
$363 N/A
43 N/A
5.31% N/A
93.73 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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