Suburb Profile Report for Junortoun VIC (3551)

Junortoun House: Median price $507,500, Annual capital growth 5.16%, Number of sales 16, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 10.43% which means that Junortoun, 3551 has done well for property investors by showing a capital gain of 14.04% over the last year

Over the longer term, Junortoun has seen property prices show investors a 12.40% return over the last 3 years. This is an improvement over the last 12 months

Property investors looking for a bargain in Junortoun should be aiming for at least -7.34% off the asking price, which is the average vendor discount being achieved at the moment.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.30%, without taking into account capital value appreciation, which has been averaging out at 5.16%.

Metrics i HOUSE UNIT
$507,500 N/A
-1.46% N/A
14.04% N/A
5.16% N/A
$420 N/A
16 N/A
4.30% N/A
135.76 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 2378
Median household income ($/weekly) 1689
Median age of persons 39
Median housing loan repayment ($/monthly) 1610
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 441 18.5
    25-34 years 199 8.4
    35-44 years 374 15.7
    45-54 years 381 16.0
    55-64 years 324 13.6
    Others 660 27.7
    Age Group
    Census Count Percent(%)
    Registered Married 1052 64.8
    Not Married 440 27.1
    Defacto Relationship 131 8.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2140 92.6
    Japan 11 0.5
    Papua New Guinea 17 0.7
    United Kingdom 70 3.0
    Other 12 0.5
    Others 62 2.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1583 72.1
    No Religion 592 27.0
    Buddhism 14 0.6
    Islam 6 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 59 8.9
    $1,500-$1,999 105 15.8
    $2,000-$2,499 91 13.7
    $2,500-$2,999 72 10.8
    $3,000-$3,499 58 8.7
    Others 279 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 687 39.5
    Not in the labour force 499 28.7
    Employed, worked part-time 448 25.8
    Employed, away from work 61 3.5
    Unemployed, looking for work 44 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 162 13.6
    Professionals 308 25.8
    Technicians & trades workers 155 13.0
    Clerical & administrative workers 156 13.1
    Sales 111 9.3
    Others 303 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 6.6
    Infants/Primary 291 41.7
    Secondary 248 35.5
    Technical or Further Educational Institution 43 6.2
    University or other Tertiary Institutions 63 9.0
    Others 7 1.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2194 97.9
    Caravan, cabin, houseboat 27 1.2
    Semi-detached, row or terrace house, townhouse 14 0.6
    Flat, unit or apartment 6 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 389 53.6
    Fully owned 272 37.5
    Rented 52 7.2
    Other tenure type 13 1.8
    Tenure Type
Census 2011, ABS
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