Suburb Profile Report for Soldiers Hill VIC (3350)

Soldiers Hill House: Median price $350,000, Annual capital growth 6.38%, Number of sales 75, Weekly median advertised rent $280

Soldiers Hill Unit: Median price $260,000, Annual capital growth 29.88%, Number of sales 13, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.12% which means that Soldiers Hill, 3350 has done well for property investors by showing a capital gain of 12.90% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Soldiers Hill comes in at number 366th in VIC.

Our latest figures would indicate that property sellers in Soldiers Hill are currently offering property investors an average price cut of -6.21% below the asking price at the moment.

At number 1972 in a list of fastest selling suburbs, Soldiers Hill is just in the bottom half of suburbs in Australia with an average of days on market 83.9 for properties listed there.

With the median price for a house in Soldiers Hill being $350000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 4.16%

Soldiers Hill, 3350 ranked 305th in VIC when comparing growth in median property values or capital gain over the last 12 months. Soldiers Hill is one of 2098 in our list for VIC

The most recent median price for Soldiers Hill is $260000, with sellers offering an average of -5.29% off the asking price.

Residents and property investors in Soldiers Hill have been waiting around 118.16 days to sell a property.

Property investors should expect to get $270 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$350,000 $260,000
0.00% -2.26%
12.90% -4.24%
6.38% 29.88%
$280 $270
75 13
4.16% 5.40%
83.9 118.16

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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
Chart Table
Recent sales & rentals