Suburb Profile Report for Soldiers Hill VIC (3350)

Soldiers Hill House: Median price $355,000, Annual capital growth 6.29%, Number of sales 84, Weekly median advertised rent $280

Soldiers Hill Unit: Median price $289,000, Annual capital growth 24.04%, Number of sales 14, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Soldiers Hill is an average performer in VIC when comparing median price capital growth over the last year. Soldiers Hill gave property investors a average capital gain figure when compared to the rest of the state, with 9.23%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Soldiers Hill has increased when compared to the 5 year average annual rate.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.87% offered to property buyers. Sellers in Soldiers Hill itself are offering an average vendor discount of -5.59% to real estate investors.

In the last year 84 properties changed hands in Soldiers Hill, which puts it as the 313th most active market in VIC when comparing the number of sales per suburb.

With the median price for a house in Soldiers Hill being $355000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.10%

Giving property investors a a solid capital gain of 16.06% for the last year, Soldiers Hill, 3350 is the 194th highest performer in Australia in this respect.

While Soldiers Hill,3350 ranked number 21th in VIC for increase in median house value (annualised) increase, it is ranked 340th over the last 5 years.

At number 132th of VIC’s most discounted properties, Soldiers Hill is in the middle of the state/territory when listing in order of most discounted to least.

Metrics i HOUSE UNIT
$355,000 $289,000
2.16% 8.65%
9.23% 16.06%
6.29% 24.04%
$280 $285
84 14
4.10% 5.13%
79 108.18

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2833
Median household income ($/weekly) 1010
Median age of persons 34
Median housing loan repayment ($/monthly) 1278
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 323 11.4
    25-34 years 459 16.2
    35-44 years 393 13.9
    45-54 years 357 12.6
    55-64 years 316 11.2
    Others 984 34.7
    Age Group
    Census Count Percent(%)
    Not Married 989 48.0
    Registered Married 804 39.0
    Defacto Relationship 266 12.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2401 89.8
    Indonesia 23 0.9
    Papua New Guinea 19 0.7
    United Kingdom 88 3.3
    Other 49 1.8
    Others 93 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 19 0.7
    Christianity 1525 60.2
    Islam 22 0.9
    Other Religious Groups 17 0.7
    No Religion 937 37.0
    Others 15 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 125 11.8
    $600-$799 111 10.5
    $800-$999 103 9.7
    $1,000-$1,249 112 10.5
    $1,500-$1,999 115 10.8
    Others 496 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 822 37.8
    Not in the labour force 703 32.3
    Employed, worked part-time 488 22.4
    Unemployed, looking for work 83 3.8
    Employed, away from work 81 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 144 10.3
    Professionals 409 29.4
    Technicians & trades workers 179 12.9
    Community & personal service workers 168 12.1
    Clerical & administrative workers 171 12.3
    Others 321 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 57 7.8
    Infants/Primary 221 30.4
    Secondary 141 19.4
    Technical or Further Educational Institution 67 9.2
    University or other Tertiary Institutions 225 30.9
    Others 16 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2371 89.7
    Semi-detached, row or terrace house, townhouse 160 6.1
    Flat, unit or apartment 103 3.9
    House or flat attached to a shop, office 8 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 402 35.2
    Rented 401 35.1
    Fully owned 337 29.5
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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