Suburb Profile Report for Birchip VIC (3483)

Birchip House: Median price $54,250, Annual capital growth -2.72%, Number of sales 22, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

While Birchip,3483 ranked number 606th in VIC for increase in median house value (annualised) increase, it is ranked 646th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Birchip is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 8th in terms of most discounted suburbs in VIC

Often selling an investment property can take time, and in Birchip the average time real estate has been on the market is 131.68 days.

Metrics i HOUSE UNIT
$54,250 N/A
-1.36% N/A
N/A N/A
-2.72% N/A
N/A N/A
22 N/A
N/A N/A
131.68 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 662
Median household income ($/weekly) 734
Median age of persons 46
Median housing loan repayment ($/monthly) 650
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 76 11.5
    35-44 years 72 10.9
    45-54 years 73 11.0
    55-64 years 103 15.6
    65-74 years 82 12.4
    Others 255 38.6
    Age Group
    Census Count Percent(%)
    Registered Married 253 52.0
    Not Married 193 39.6
    Defacto Relationship 41 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 551 87.7
    Indonesia 7 1.1
    Papua New Guinea 30 4.8
    Philippines 8 1.3
    United Kingdom 16 2.5
    Others 16 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 508 82.6
    No Religion 98 15.9
    Hinduism 6 1.0
    Buddhism 3 0.5
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 32 13.6
    $400-$599 39 16.6
    $600-$799 35 14.9
    $1,000-$1,249 29 12.3
    $1,500-$1,999 25 10.6
    Others 75 31.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 226 44.3
    Employed, worked full-time 168 32.9
    Employed, worked part-time 86 16.9
    Employed, away from work 20 3.9
    Unemployed, looking for work 10 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 59 21.5
    Professionals 60 21.9
    Technicians & trades workers 43 15.7
    Community & personal service workers 24 8.8
    Labourers 27 9.9
    Others 61 22.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 55 43.0
    Secondary 49 38.3
    Pre-school 12 9.4
    University or other Tertiary Institutions 9 7.0
    Technical or Further Educational Institution 3 2.3
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 567 93.7
    Flat, unit or apartment 26 4.3
    Caravan, cabin, houseboat 6 1.0
    Semi-detached, row or terrace house, townhouse 3 0.5
    House or flat attached to a shop, office 3 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 144 53.7
    Being purchased 61 22.8
    Rented 60 22.4
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
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