Suburb Profile Report for Minyip VIC (3392)

Minyip House: Median price $85,000, Annual capital growth 2.69%, Number of sales 18, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Minyip has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.53%

Over the longer term, Minyip has seen property prices show investors a 13.33% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -12.04% to buyers in Minyip at the moment, which is less than average for the rest of VIC.

HOUSE UNIT
$85,000 N/A
N/A N/A
-10.53% N/A
2.69% N/A
N/A N/A
18 N/A
N/A N/A
108 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 671
Median household income ($/weekly) 736
Median age of persons 49
Median housing loan repayment ($/monthly) 542
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 83 12.4
    35-44 years 67 10.0
    45-54 years 102 15.3
    55-64 years 92 13.8
    65-74 years 95 14.2
    Others 229 34.3
    Age Group
    Census Count Percent(%)
    Registered Married 251 54.8
    Not Married 169 36.9
    Defacto Relationship 38 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 575 92.0
    New Zealand 5 0.8
    Papua New Guinea 7 1.1
    Philippines 9 1.4
    United Kingdom 22 3.5
    Others 7 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 495 81.4
    No Religion 110 18.1
    Other Religious Groups 3 0.5
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 35 15.2
    $400-$599 43 18.6
    $600-$799 34 14.7
    $800-$999 32 13.9
    $1,000-$1,249 24 10.4
    Others 63 27.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 275 53.4
    Employed, worked full-time 141 27.4
    Employed, worked part-time 73 14.2
    Employed, away from work 15 2.9
    Unemployed, looking for work 11 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 80 34.6
    Professionals 21 9.1
    Community & personal service workers 25 10.8
    Clerical & administrative workers 23 10.0
    Labourers 25 10.8
    Others 57 24.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 61 46.6
    Secondary 37 28.2
    University or other Tertiary Institutions 15 11.5
    Pre-school 12 9.2
    Technical or Further Educational Institution 6 4.6
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 567 97.8
    Semi-detached, row or terrace house, townhouse 13 2.2
    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(%)
    Fully owned 145 57.5
    Being purchased 68 27.0
    Rented 28 11.1
    Other tenure type 11 4.4
    Tenure Type
Census 2011, ABS
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