Suburb Profile Report for Hepburn Springs VIC (3461)

Hepburn Springs House: Median price $421,500, Annual capital growth 5.57%, Number of sales 27, Weekly median advertised rent $320

  • 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 Hepburn Springs, 3461 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.92%.

While Hepburn Springs,3461 ranked number 334th in VIC for increase in median house value (annualised) increase, it is ranked 390th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Hepburn Springs is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 480th in terms of most discounted suburbs in VIC

In the last year 27 properties changed hands in Hepburn Springs, which puts it as the 543th most active market in VIC when comparing the number of sales per suburb.

Hepburn Springs is 261th on a list of best yielding suburbs for rents in VIC with a 3.95% return

Metrics i HOUSE UNIT
$421,500 N/A
1.81% N/A
13.92% N/A
5.57% N/A
$320 N/A
27 N/A
3.95% N/A
80.13 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Hepburn Springs VIC
Demographics
Total population 240
Median household income ($/weekly) 617
Median age of persons 54
Median housing loan repayment ($/monthly) 2167
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 21 8.7
    35-44 years 23 9.5
    45-54 years 42 17.4
    55-64 years 48 19.8
    65-74 years 24 9.9
    Others 84 34.7
    Age Group
    Census Count Percent(%)
    Not Married 92 57.5
    Registered Married 53 33.1
    Defacto Relationship 15 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 188 84.7
    Bosnia and Herzegovina 3 1.4
    Indonesia 4 1.8
    South Eastern Europe 4 1.8
    United Kingdom 14 6.3
    Others 9 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 107 49.1
    No Religion 94 43.1
    Buddhism 8 3.7
    Other Religious Groups 6 2.8
    Islam 3 1.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 16 17.8
    $400-$599 15 16.7
    $600-$799 12 13.3
    $1,000-$1,249 9 10.0
    $1,250-$1,499 8 8.9
    Others 30 33.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 88 44.2
    Employed, worked full-time 53 26.6
    Employed, worked part-time 49 24.6
    Unemployed, looking for work 6 3.0
    Employed, away from work 3 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 20 19.8
    Professionals 19 18.8
    Technicians & trades workers 11 10.9
    Community & personal service workers 23 22.8
    Labourers 13 12.9
    Others 15 14.9
    Occupation
    Census Count Percent(%)
    Secondary 11 39.3
    Infants/Primary 7 25.0
    University or other Tertiary Institutions 7 25.0
    Pre-school 3 10.7
    Technical or Further Educational Institution 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 184 96.8
    Flat, unit or apartment 3 1.6
    House or flat attached to a shop, office 3 1.6
    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(%)
    Rented 44 42.3
    Fully owned 38 36.5
    Being purchased 22 21.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals