Suburb Profile Report for Snake Valley VIC (3351)

Snake Valley House: Median price $225,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

Source: CoreLogic

  • House Report

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

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.46% offered to property buyers. Sellers in Snake Valley itself are offering an average vendor discount of -7.43% to real estate investors.

Often selling an investment property can take time, and in Snake Valley the average time real estate has been on the market is 147.71 days.

The VIC suburb of Snake Valley, 3351 is in the Pyrenees local government area.

HOUSE UNIT
$225,000 N/A
N/A N/A
N/A N/A
N/A N/A
N/A N/A
10 N/A
N/A N/A
147.71 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 587
Median household income ($/weekly) 823
Median age of persons 43
Median housing loan repayment ($/monthly) 1120
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 69 11.8
    35-44 years 81 13.8
    45-54 years 114 19.5
    55-64 years 83 14.2
    65-74 years 61 10.4
    Others 177 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 209 46.1
    Not Married 191 42.2
    Defacto Relationship 53 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 484 88.2
    Italy 5 0.9
    New Zealand 6 1.1
    United Kingdom 34 6.2
    Other 10 1.8
    Others 10 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 332 62.2
    No Religion 198 37.1
    Buddhism 4 0.7
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 28 13.5
    $400-$599 22 10.6
    $600-$799 44 21.3
    $800-$999 28 13.5
    $1,000-$1,249 23 11.1
    Others 62 30.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 215 46.1
    Employed, worked full-time 137 29.4
    Employed, worked part-time 72 15.5
    Unemployed, looking for work 24 5.2
    Employed, away from work 18 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 30 13.3
    Technicians & trades workers 48 21.3
    Community & personal service workers 27 12.0
    Clerical & administrative workers 25 11.1
    Labourers 38 16.9
    Others 57 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 6 4.9
    Infants/Primary 45 36.9
    Secondary 46 37.7
    University or other Tertiary Institutions 13 10.7
    Other type of educational institution 9 7.4
    Others 3 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 549 98.9
    Improvised home, tent, sleepers out 6 1.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 118 51.5
    Being purchased 92 40.2
    Rented 15 6.6
    Other tenure type 4 1.7
    Tenure Type
Census 2011, ABS
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