Suburb Profile Report for Diggers Rest VIC (3427)

Diggers Rest House: Median price $312,001, Annual capital growth 4.84%, Number of sales 42, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report

With a capital gain of 19.77% for the last 12 months, Diggers Rest, 3427 has performed for property investments than its average annual 4.84% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Diggers Rest,3427 has racked up an average of 19.77% over the period. This ranks it number 2410th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Diggers Rest, 3427. Typically our figures indicate that -7.06% is being offered, which puts this VIC suburb at 1192th most discounted overall in Australia.

Advertised rents are around the $320 mark per week – giving a return of 5.33% based on the median price in Suburb

HOUSE UNIT
$312,001 N/A
5.05% N/A
19.77% N/A
4.84% N/A
$320 N/A
42 N/A
5.33% N/A
55.72 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2275
Median household income ($/weekly) 1169
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 267 11.7
    25-34 years 301 13.2
    35-44 years 290 12.7
    45-54 years 386 17.0
    55-64 years 341 15.0
    Others 691 30.4
    Age Group
    Census Count Percent(%)
    Not Married 830 46.9
    Registered Married 762 43.0
    Defacto Relationship 179 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1775 81.9
    Japan 68 3.1
    Papua New Guinea 25 1.2
    United Kingdom 80 3.7
    Other 44 2.0
    Others 176 8.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 1.0
    Christianity 1519 73.0
    Hinduism 22 1.1
    Islam 23 1.1
    No Religion 493 23.7
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 90 11.8
    $800-$999 74 9.7
    $1,000-$1,249 89 11.7
    $1,250-$1,499 85 11.2
    $1,500-$1,999 99 13.0
    Others 325 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 752 41.7
    Not in the labour force 556 30.8
    Employed, worked part-time 363 20.1
    Employed, away from work 75 4.2
    Unemployed, looking for work 59 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 117 9.8
    Technicians & trades workers 228 19.2
    Clerical & administrative workers 209 17.6
    Machinery operators & drivers 146 12.3
    Labourers 124 10.4
    Others 364 30.6
    Occupation
    Census Count Percent(%)
    Pre-school 33 7.1
    Infants/Primary 154 33.0
    Secondary 148 31.7
    Technical or Further Educational Institution 53 11.3
    University or other Tertiary Institutions 63 13.5
    Others 16 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2146 98.0
    Semi-detached, row or terrace house, townhouse 19 0.9
    Flat, unit or apartment 15 0.7
    House or flat attached to a shop, office 7 0.3
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 410 49.9
    Fully owned 264 32.2
    Rented 147 17.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals