Suburb Profile Report for Buninyong VIC (3357)

Buninyong House: Median price $346,000, Annual capital growth 3.11%, Number of sales 59, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Buninyong, 3357 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -8.95%.

Across a shorter period, Buninyong, 3357 has seen a median price increase of 0.14% over the last quarter.

Our latest figures would indicate that property sellers in Buninyong are currently offering property investors an average price cut of -5.81% below the asking price at the moment.

On average over the past year, suburb has had 4.92 sales per month, which equates to 59 per year.

Buninyong is 160th on a list of best yielding suburbs for rents in VIC with a 4.73% return

HOUSE UNIT
$346,000 N/A
0.14% N/A
-8.95% N/A
3.11% N/A
$315 N/A
59 N/A
4.73% N/A
105.01 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3244
Median household income ($/weekly) 1323
Median age of persons 39
Median housing loan repayment ($/monthly) 1437
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 479 14.8
    25-34 years 313 9.6
    35-44 years 468 14.4
    45-54 years 472 14.5
    55-64 years 475 14.6
    Others 1037 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 1393 60.2
    Not Married 744 32.2
    Defacto Relationship 177 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2809 89.5
    New Zealand 23 0.7
    Papua New Guinea 18 0.6
    United Kingdom 174 5.5
    Other 22 0.7
    Others 92 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1999 68.3
    No Religion 905 30.9
    Buddhism 15 0.5
    Other Religious Groups 6 0.2
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 106 10.1
    $1,000-$1,249 105 10.0
    $1,500-$1,999 142 13.5
    $2,000-$2,499 117 11.2
    $2,500-$2,999 98 9.3
    Others 481 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 939 38.3
    Not in the labour force 776 31.7
    Employed, worked part-time 560 22.9
    Employed, away from work 92 3.8
    Unemployed, looking for work 82 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 208 13.0
    Professionals 440 27.6
    Technicians & trades workers 251 15.7
    Community & personal service workers 158 9.9
    Clerical & administrative workers 221 13.9
    Others 317 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 56 6.5
    Infants/Primary 327 37.8
    Secondary 242 27.9
    Technical or Further Educational Institution 61 7.0
    University or other Tertiary Institutions 160 18.5
    Others 20 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2965 96.9
    Flat, unit or apartment 64 2.1
    Semi-detached, row or terrace house, townhouse 30 1.0
    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 496 43.9
    Fully owned 472 41.8
    Rented 156 13.8
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals