Suburb Profile Report for Diggers Rest VIC (3427)

Diggers Rest House: Median price $355,250, Annual capital growth 5.34%, Number of sales 35, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report

Diggers Rest has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 25.09% to date .

Comparing Diggers Rest,3427 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Diggers Rest itself are offering an average vendor discount of -4.53% to real estate investors.

Situated 30.67km from the CBD, Diggers Rest is one of Melton localities in the postcode 3427.

Metrics i HOUSE UNIT
$355,250 N/A
6.04% N/A
25.09% N/A
5.34% N/A
$330 N/A
35 N/A
4.83% N/A
17.64 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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