Suburb Profile Report for Junortoun VIC (3551)

Junortoun House: Median price $445,000, Annual capital growth 4.29%, Number of sales 11, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Junortoun, 3551 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 -5.82%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Junortoun has increased when compared to the 5 year average annual rate.

Junortoun, 3551 is offering VIC ‘s 41th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.

Residents and property investors in Junortoun have been waiting around 200.15 days to sell a property.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 4.29%, investors should hope to achieve an overall return of 5.26%

HOUSE UNIT
$445,000 N/A
-4.81% N/A
-5.82% N/A
4.29% N/A
$450 N/A
11 N/A
5.26% N/A
200.15 N/A

Source: CoreLogic

DSR Score for property investment : Above average (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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