Suburb Profile Report for Irymple VIC (3498)

Irymple House: Median price $265,000, Annual capital growth 2.53%, Number of sales 71, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 8.06% which means that Irymple, 3498 has done well for property investors by showing a capital gain of -1.49% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Irymple comes in at number 538th in VIC.

Property buyers and investors in Irymple 3498 should be seeing an average reduction in asking price of around -7.52% . This means that Irymple is holding prices well when compared to other suburbs in VIC.

In the last year 71 properties changed hands in Irymple, which puts it as the 344th most active market in VIC when comparing the number of sales per suburb.

With the median price for a house in Irymple being $265000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.69%

HOUSE UNIT
$265,000 N/A
-0.56% N/A
-1.49% N/A
2.53% N/A
$290 N/A
71 N/A
5.69% N/A
59.25 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 5015
Median household income ($/weekly) 1014
Median age of persons 40
Median housing loan repayment ($/monthly) 1300
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 834 16.6
    25-34 years 422 8.4
    35-44 years 735 14.7
    45-54 years 756 15.1
    55-64 years 638 12.7
    Others 1629 32.5
    Age Group
    Census Count Percent(%)
    Registered Married 1989 56.8
    Not Married 1255 35.8
    Defacto Relationship 257 7.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4421 91.7
    Japan 122 2.5
    Papua New Guinea 35 0.7
    United Kingdom 62 1.3
    Other 71 1.5
    Others 112 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 16 0.3
    Christianity 3379 72.5
    Islam 17 0.4
    Other Religious Groups 11 0.2
    No Religion 1233 26.4
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 195 12.8
    $600-$799 186 12.2
    $800-$999 147 9.6
    $1,000-$1,249 162 10.6
    $1,500-$1,999 213 13.9
    Others 624 40.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1415 37.9
    Not in the labour force 1276 34.2
    Employed, worked part-time 797 21.4
    Employed, away from work 144 3.9
    Unemployed, looking for work 97 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 353 15.0
    Professionals 316 13.4
    Technicians & trades workers 395 16.8
    Clerical & administrative workers 316 13.4
    Labourers 287 12.2
    Others 689 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 94 7.3
    Infants/Primary 536 41.4
    Secondary 482 37.2
    Technical or Further Educational Institution 101 7.8
    University or other Tertiary Institutions 64 4.9
    Others 19 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4462 96.2
    Semi-detached, row or terrace house, townhouse 93 2.0
    Flat, unit or apartment 49 1.1
    Caravan, cabin, houseboat 33 0.7
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 749 44.5
    Fully owned 633 37.6
    Rented 291 17.3
    Other tenure type 12 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals