Suburb Profile Report for Campbells Creek VIC (3451)

Campbells Creek House: Median price $392,500, Annual capital growth 6.68%, Number of sales 28, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report

Campbells Creek has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.08% to date .

Across a shorter period, Campbells Creek, 3451 has seen a median price increase of 1.29% over the last quarter.

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 Campbells Creek, 3451. Typically our figures indicate that -6.21% is being offered, which puts this VIC suburb at 1728th most discounted overall in Australia.

Residents and property investors in Campbells Creek have been waiting around 173.25 days to sell a property.

A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.11%, without taking into account capital value appreciation, which has been averaging out at 6.68%.

HOUSE UNIT
$392,500 N/A
1.29% N/A
6.08% N/A
6.68% N/A
$310 N/A
28 N/A
4.11% N/A
173.25 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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Demographics
Total population 1410
Median household income ($/weekly) 1025
Median age of persons 40
Median housing loan repayment ($/monthly) 1451
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 210 14.9
    35-44 years 225 16.0
    45-54 years 211 15.0
    55-64 years 203 14.4
    65-74 years 126 8.9
    Others 435 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 487 47.6
    Not Married 383 37.4
    Defacto Relationship 154 15.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1214 91.0
    Papua New Guinea 18 1.3
    South Africa 9 0.7
    United Kingdom 48 3.6
    United States of America 9 0.7
    Others 36 2.7
    Country of Birth
    Census Count Percent(%)
    Christianity 648 52.0
    No Religion 564 45.3
    Buddhism 17 1.4
    Other Religious Groups 14 1.1
    Islam 3 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 52 11.2
    $600-$799 58 12.4
    $1,000-$1,249 55 11.8
    $1,250-$1,499 53 11.4
    $1,500-$1,999 63 13.5
    Others 185 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 401 37.2
    Not in the labour force 381 35.4
    Employed, worked part-time 238 22.1
    Employed, away from work 38 3.5
    Unemployed, looking for work 19 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 85 12.6
    Professionals 121 18.0
    Technicians & trades workers 120 17.8
    Community & personal service workers 82 12.2
    Labourers 84 12.5
    Others 182 27.0
    Occupation
    Census Count Percent(%)
    Pre-school 33 9.5
    Infants/Primary 123 35.5
    Secondary 116 33.5
    Technical or Further Educational Institution 32 9.2
    University or other Tertiary Institutions 31 9.0
    Others 11 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1281 97.6
    Flat, unit or apartment 26 2.0
    House or flat attached to a shop, office 5 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 232 45.0
    Fully owned 196 38.0
    Rented 85 16.5
    Other tenure type 3 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals