Suburb Profile Report for Maiden Gully VIC (3551)

Maiden Gully House: Median price $485,000, Annual capital growth 5.24%, Number of sales 51, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

At number 1403th in the list of Australian suburbs ordered by increase in median house value over the last year, Maiden Gully, 3551 is in the top 40% with a property value increase of 9.98% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Maiden Gully comes in at number 509th in VIC.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Maiden Gully, 3551. Typically our figures indicate that -7.11% is being offered, which puts this VIC suburb at 1101th most discounted overall in Australia.

At number 2808 in a list of fastest selling suburbs, Maiden Gully is in the bottom 30% of suburbs in Australia with an average of days on market 103.69 for properties listed there.

With the median price for a house in Maiden Gully being $485000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.07%

Metrics i HOUSE UNIT
$485,000 N/A
1.04% N/A
9.98% N/A
5.24% N/A
$380 N/A
51 N/A
4.07% N/A
103.69 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 4401
Median household income ($/weekly) 1552
Median age of persons 34
Median housing loan repayment ($/monthly) 1603
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 776 17.6
    25-34 years 512 11.6
    35-44 years 732 16.6
    45-54 years 639 14.5
    55-64 years 494 11.2
    Others 1250 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 1890 62.3
    Not Married 845 27.9
    Defacto Relationship 299 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4129 96.0
    New Zealand 15 0.3
    Papua New Guinea 26 0.6
    United Kingdom 71 1.7
    Other 10 0.2
    Others 51 1.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.6
    Christianity 2889 70.4
    Hinduism 6 0.1
    Islam 4 0.1
    No Religion 1172 28.6
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 104 8.4
    $1,000-$1,249 133 10.8
    $1,250-$1,499 134 10.9
    $1,500-$1,999 238 19.3
    $2,000-$2,499 198 16.0
    Others 427 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1400 43.9
    Employed, worked part-time 815 25.6
    Not in the labour force 749 23.5
    Employed, away from work 150 4.7
    Unemployed, looking for work 72 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 285 12.1
    Professionals 410 17.4
    Technicians & trades workers 403 17.1
    Clerical & administrative workers 349 14.8
    Sales 273 11.6
    Others 640 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 113 9.0
    Infants/Primary 509 40.6
    Secondary 416 33.2
    Technical or Further Educational Institution 85 6.8
    University or other Tertiary Institutions 99 7.9
    Others 32 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4177 99.3
    Caravan, cabin, houseboat 18 0.4
    Flat, unit or apartment 9 0.2
    Semi-detached, row or terrace house, townhouse 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 812 60.1
    Fully owned 422 31.3
    Rented 109 8.1
    Other tenure type 7 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals