Suburb Profile Report for Sea Lake VIC (3533)

Sea Lake House: Median price $70,000, Annual capital growth -0.71%, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Sea Lake, 3533 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -22.22%

If we look at median property appreciation over just the last three months, Sea Lake has given property investors a paper return of 6.06%. This puts Suburb as 55 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Sea Lake is $70000, with sellers offering an average of -11.53% off the asking price.

Often selling an investment property can take time, and in Sea Lake the average time real estate has been on the market is 107.4 days.

HOUSE UNIT
$70,000 N/A
6.06% N/A
-22.22% N/A
-0.71% N/A
N/A N/A
14 N/A
N/A N/A
107.4 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 615
Median household income ($/weekly) 710
Median age of persons 45
Median housing loan repayment ($/monthly) 650
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 66 10.7
    35-44 years 66 10.7
    45-54 years 66 10.7
    55-64 years 87 14.1
    65-74 years 71 11.5
    Others 259 42.1
    Age Group
    Census Count Percent(%)
    Registered Married 226 49.0
    Not Married 191 41.4
    Defacto Relationship 44 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 528 91.3
    Indonesia 7 1.2
    Italy 6 1.0
    Japan 3 0.5
    United Kingdom 16 2.8
    Others 18 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 433 77.7
    No Religion 110 19.7
    Hinduism 8 1.4
    Buddhism 3 0.5
    Judaism 3 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 40 17.5
    $400-$599 36 15.7
    $600-$799 37 16.2
    $800-$999 24 10.5
    $1,500-$1,999 20 8.7
    Others 72 31.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 237 50.0
    Employed, worked full-time 123 25.9
    Employed, worked part-time 76 16.0
    Employed, away from work 27 5.7
    Unemployed, looking for work 11 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 24 10.6
    Professionals 38 16.7
    Technicians & trades workers 25 11.0
    Machinery operators & drivers 23 10.1
    Labourers 47 20.7
    Others 70 30.8
    Occupation
    Census Count Percent(%)
    Pre-school 8 8.3
    Infants/Primary 40 41.7
    Secondary 24 25.0
    Technical or Further Educational Institution 9 9.4
    University or other Tertiary Institutions 12 12.5
    Others 3 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 562 98.8
    Flat, unit or apartment 7 1.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 129 51.6
    Being purchased 72 28.8
    Rented 45 18.0
    Other tenure type 4 1.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals