Suburb Profile Report for Avoca VIC (3467)

Avoca House: Median price $182,500, Annual capital growth 4.83%, Number of sales 27, Weekly median advertised rent $215

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 10.83% which means that Avoca, 3467 has done well for property investors by showing a capital gain of -0.54% over the last year

Avoca,3467 has offered an average of -0.54% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -6.39% to buyers in Avoca at the moment, which is less than average for the rest of VIC.

Using the current median advertised rental of $215 and the average annual increase in value of a median property of 4.83%, investors should hope to achieve an overall return of 6.13%

Metrics i HOUSE UNIT
$182,500 N/A
8.63% N/A
-0.54% N/A
4.83% N/A
$215 N/A
27 N/A
6.13% N/A
116.38 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1263
Median household income ($/weekly) 620
Median age of persons 49
Median housing loan repayment ($/monthly) 1009
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 148 11.7
    35-44 years 152 12.0
    45-54 years 144 11.4
    55-64 years 226 17.9
    65-74 years 185 14.6
    Others 408 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 483 52.0
    Not Married 363 39.1
    Defacto Relationship 83 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1112 91.4
    China 5 0.4
    Malta 5 0.4
    United Kingdom 62 5.1
    Other 9 0.7
    Others 23 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.9
    Christianity 837 72.4
    Hinduism 3 0.3
    Other Religious Groups 14 1.2
    No Religion 289 25.0
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 70 15.0
    $400-$599 103 22.1
    $600-$799 68 14.6
    $800-$999 57 12.2
    $1,000-$1,249 36 7.7
    Others 133 28.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 522 51.7
    Employed, worked full-time 263 26.1
    Employed, worked part-time 163 16.2
    Employed, away from work 33 3.3
    Unemployed, looking for work 28 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 83 18.1
    Professionals 54 11.8
    Technicians & trades workers 65 14.2
    Community & personal service workers 57 12.4
    Labourers 74 16.1
    Others 126 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 23 9.2
    Infants/Primary 98 39.0
    Secondary 89 35.5
    Technical or Further Educational Institution 15 6.0
    University or other Tertiary Institutions 20 8.0
    Others 6 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1110 96.0
    Caravan, cabin, houseboat 15 1.3
    House or flat attached to a shop, office 14 1.2
    Flat, unit or apartment 12 1.0
    Semi-detached, row or terrace house, townhouse 5 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 267 51.3
    Being purchased 133 25.6
    Rented 116 22.3
    Other tenure type 4 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals