Suburb Profile Report for Mount Pleasant VIC (3350)

Mount Pleasant House: Median price $310,750, Annual capital growth 6.60%, Number of sales 47, Weekly median advertised rent $290

Mount Pleasant Unit: Median price $275,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Mount Pleasant, 3350 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.32%

Comparing Mount Pleasant,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Mount Pleasant, 3350 is offering VIC ‘s 273th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

LACK OF BUYER INTEREST may well be the reason that Mount Pleasant is offering property investors an average of -4.73. This rate of discount on properties puts Suburb at number 43th in terms of most discounted suburbs in VIC

On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.

Renters in Suburb are facing rents around $3120 per annum or $260 every week.

Metrics i HOUSE UNIT
$310,750 $275,000
0.57% -2.48%
9.32% N/A
6.60% N/A
$290 $260
47 13
4.85% 4.92%
98.97 123.45

Source: CoreLogic

DSR Score for property investment : Good (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