Suburb Profile Report for Junortoun VIC (3551)

Junortoun House: Median price $495,000, Annual capital growth 6.41%, Number of sales 14, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Investment property in Junortoun has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.39%

Junortoun,3551 has offered an average of 9.39% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Junortoun is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 58th in terms of most discounted suburbs in VIC

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 6.41%, investors should hope to achieve an overall return of 4.73%

Metrics i HOUSE UNIT
$495,000 N/A
5.88% N/A
9.39% N/A
6.41% N/A
$450 N/A
14 N/A
4.73% N/A
182.05 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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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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