Suburb Profile Report for Red Cliffs VIC (3496)

Red Cliffs House: Median price $165,000, Annual capital growth 1.06%, Number of sales 69, Weekly median advertised rent $255

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

Source: CoreLogic

  • House Report

Property value increases in Red Cliffs have tracked lower than the VIC average of 8.96% over the last 12 months.

While Red Cliffs,3496 ranked number 687th in VIC for increase in median house value (annualised) increase, it is ranked 627th over the last 5 years.

The most recent median price for Red Cliffs is $165000, with sellers offering an average of -10.73% off the asking price.

The VIC suburb of Red Cliffs, 3496 is in the Mildura local government area.

Metrics i HOUSE UNIT
$165,000 N/A
-6.78% N/A
-8.33% N/A
1.06% N/A
$255 N/A
69 N/A
8.04% N/A
73.79 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4626
Median household income ($/weekly) 819
Median age of persons 41
Median housing loan repayment ($/monthly) 1083
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 629 13.6
    25-34 years 435 9.4
    35-44 years 588 12.7
    45-54 years 713 15.4
    55-64 years 582 12.6
    Others 1679 36.3
    Age Group
    Census Count Percent(%)
    Registered Married 1590 48.1
    Not Married 1387 41.9
    Defacto Relationship 331 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4009 91.3
    Japan 68 1.5
    Papua New Guinea 45 1.0
    United Kingdom 96 2.2
    Other 44 1.0
    Others 131 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 0.6
    Christianity 2730 65.8
    Islam 35 0.8
    Other Religious Groups 16 0.4
    No Religion 1339 32.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 182 11.9
    $400-$599 230 15.0
    $600-$799 194 12.7
    $800-$999 192 12.5
    $1,000-$1,249 155 10.1
    Others 577 37.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1461 41.3
    Employed, worked full-time 1189 33.6
    Employed, worked part-time 609 17.2
    Unemployed, looking for work 146 4.1
    Employed, away from work 130 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 306 15.8
    Professionals 232 12.0
    Technicians & trades workers 256 13.3
    Sales 217 11.2
    Labourers 371 19.2
    Others 549 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 70 7.1
    Infants/Primary 360 36.5
    Secondary 375 38.0
    Technical or Further Educational Institution 95 9.6
    University or other Tertiary Institutions 60 6.1
    Others 26 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4030 94.2
    Semi-detached, row or terrace house, townhouse 116 2.7
    Flat, unit or apartment 93 2.2
    Caravan, cabin, houseboat 29 0.7
    House or flat attached to a shop, office 8 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 647 38.6
    Fully owned 573 34.1
    Rented 445 26.5
    Other tenure type 13 0.8
    Tenure Type
Census 2011, ABS
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