Suburb Profile Report for Maldon VIC (3463)

Maldon House: Median price $395,000, Annual capital growth 5.49%, Number of sales 45, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Maldon, 3463 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.86%

Taking the average capital gain, or increase in median house value, Maldon,3463 has racked up an average of 12.86% over the period. This ranks it number 1457th in the whole country for real estate investors looking at median house price increases.

Property investors looking for a bargain in Maldon should be aiming for at least -5.27% off the asking price, which is the average vendor discount being achieved at the moment.

With the median price for a house in Maldon being $395000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 3.75%

Metrics i HOUSE UNIT
$395,000 N/A
6.04% N/A
12.86% N/A
5.49% N/A
$285 N/A
45 N/A
3.75% N/A
107.86 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 1432
Median household income ($/weekly) 733
Median age of persons 54
Median housing loan repayment ($/monthly) 1213
Average household size 2
  • Census Count Percent(%)
    5-14 years 118 8.2
    35-44 years 137 9.6
    45-54 years 238 16.6
    55-64 years 305 21.3
    65-74 years 200 14.0
    Others 434 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 488 44.7
    Not Married 481 44.1
    Defacto Relationship 122 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1167 84.9
    Papua New Guinea 17 1.2
    United Kingdom 111 8.1
    Viet Nam 10 0.7
    Other 33 2.4
    Others 36 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 1.2
    Christianity 715 58.4
    Judaism 4 0.3
    Other Religious Groups 12 1.0
    No Religion 476 38.9
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 64 11.1
    $400-$599 100 17.4
    $600-$799 89 15.5
    $800-$999 70 12.2
    $1,000-$1,249 62 10.8
    Others 190 33.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 623 51.8
    Employed, worked full-time 267 22.2
    Employed, worked part-time 239 19.9
    Employed, away from work 38 3.2
    Unemployed, looking for work 35 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 80 14.7
    Professionals 111 20.3
    Technicians & trades workers 94 17.2
    Community & personal service workers 63 11.5
    Labourers 60 11.0
    Others 138 25.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 74 30.5
    Secondary 87 35.8
    Technical or Further Educational Institution 27 11.1
    University or other Tertiary Institutions 25 10.3
    Other type of educational institution 17 7.0
    Others 13 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1188 94.4
    Flat, unit or apartment 36 2.9
    House or flat attached to a shop, office 24 1.9
    Semi-detached, row or terrace house, townhouse 6 0.5
    Caravan, cabin, houseboat 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 321 51.5
    Being purchased 189 30.3
    Rented 108 17.3
    Other tenure type 5 0.8
    Tenure Type
Census 2011, ABS
Chart Table
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