Suburb Profile Report for Nerrina VIC (3350)

Nerrina House: Median price $475,000, Annual capital growth 0.43%, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Nerrina, 3350 have given investors a capital gain of -9.09%. This compares very badly with the 8.13% for VIC as a whole.

Across a shorter period, Nerrina, 3350 has seen a median price increase of -1.55% over the last quarter.

Property investors looking for a bargain in Nerrina should be aiming for at least -7.88% off the asking price, which is the average vendor discount being achieved at the moment.

HOUSE UNIT
$475,000 N/A
-1.55% N/A
-9.09% N/A
0.43% N/A
N/A N/A
13 N/A
N/A N/A
115.73 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Nerrina VIC
Demographics
Total population 849
Median household income ($/weekly) 1589
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 138 16.3
    25-34 years 96 11.3
    35-44 years 131 15.4
    45-54 years 150 17.7
    55-64 years 100 11.8
    Others 233 27.5
    Age Group
    Census Count Percent(%)
    Registered Married 352 60.0
    Not Married 189 32.2
    Defacto Relationship 46 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 773 94.0
    Greece 6 0.7
    South Korea 6 0.7
    United Kingdom 12 1.5
    Other 10 1.2
    Others 15 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 555 71.2
    No Religion 216 27.7
    Other Religious Groups 6 0.8
    Buddhism 3 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 24 9.6
    $1,250-$1,499 31 12.4
    $1,500-$1,999 43 17.1
    $2,000-$2,499 29 11.6
    $2,500-$2,999 22 8.8
    Others 102 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 263 42.0
    Employed, worked part-time 184 29.4
    Not in the labour force 151 24.1
    Employed, away from work 17 2.7
    Unemployed, looking for work 11 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 58 12.5
    Professionals 111 23.9
    Technicians & trades workers 81 17.4
    Community & personal service workers 44 9.5
    Clerical & administrative workers 71 15.3
    Others 100 21.5
    Occupation
    Census Count Percent(%)
    Pre-school 25 10.2
    Infants/Primary 92 37.6
    Secondary 74 30.2
    Technical or Further Educational Institution 20 8.2
    University or other Tertiary Institutions 30 12.2
    Others 4 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 784 99.0
    Semi-detached, row or terrace house, townhouse 8 1.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 160 58.0
    Fully owned 97 35.1
    Rented 19 6.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals