Suburb Profile Report for Mount Pleasant VIC (3350)

Mount Pleasant House: Median price $309,000, Annual capital growth 6.38%, Number of sales 47, Weekly median advertised rent $283

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

Source: CoreLogic

  • House Report

At number 1227th in the list of Australian suburbs ordered by increase in median house value over the last year, Mount Pleasant, 3350 is in the top 30% with a property value increase of 10.36% recorded in median house prices.

The five-year average increase in median property values for Mount Pleasant,3350 has given property investors a potential capital gain of 21.65% across each of those five years.

At number 305th of VIC’s most discounted properties, Mount Pleasant is in the middle of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $282.5 and the average annual increase in value of a median property of 6.38%, investors should hope to achieve an overall return of 4.75%

Metrics i HOUSE UNIT
$309,000 N/A
4.75% N/A
10.36% N/A
6.38% N/A
$283 N/A
47 N/A
4.75% N/A
96.82 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2122
Median household income ($/weekly) 905
Median age of persons 31
Median housing loan repayment ($/monthly) 1127
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 299 14.1
    20-24 years 214 10.1
    25-34 years 290 13.7
    35-44 years 292 13.8
    45-54 years 261 12.3
    Others 766 36.1
    Age Group
    Census Count Percent(%)
    Not Married 770 50.8
    Registered Married 566 37.3
    Defacto Relationship 181 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1801 91.0
    Croatia 17 0.9
    Papua New Guinea 18 0.9
    United Kingdom 53 2.7
    Other 45 2.3
    Others 45 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.7
    Christianity 1170 62.2
    Islam 11 0.6
    Other Religious Groups 7 0.4
    No Religion 669 35.6
    Others 9 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 106 14.3
    $600-$799 101 13.6
    $800-$999 94 12.7
    $1,000-$1,249 84 11.3
    $1,500-$1,999 90 12.1
    Others 267 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 588 37.8
    Employed, worked full-time 501 32.2
    Employed, worked part-time 334 21.5
    Unemployed, looking for work 79 5.1
    Employed, away from work 54 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 184 20.6
    Technicians & trades workers 146 16.4
    Community & personal service workers 108 12.1
    Clerical & administrative workers 107 12.0
    Labourers 105 11.8
    Others 242 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 37 6.2
    Infants/Primary 191 32.1
    Secondary 148 24.9
    Technical or Further Educational Institution 51 8.6
    University or other Tertiary Institutions 147 24.7
    Others 21 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1817 90.9
    Semi-detached, row or terrace house, townhouse 146 7.3
    Flat, unit or apartment 35 1.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 300 37.7
    Being purchased 269 33.8
    Fully owned 223 28.1
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals