Suburb Profile Report for Elmore VIC (3558)

Elmore House: Median price $216,000, Annual capital growth 7.10%, Number of sales 24, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 954th in the list of Australian suburbs ordered by increase in median house value over the last year, Elmore, 3558 is in the top 30% with a property value increase of 11.92% recorded in median house prices.

If we look at median property appreciation over just the last three months, Elmore has given property investors a paper return of -0.69%. This puts Suburb as 583 on a list of fastest fasting appreciating suburbs in VIC

Property investors looking for a bargain in Elmore should be aiming for at least -8.23% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$216,000 N/A
-0.69% N/A
11.92% N/A
7.10% N/A
N/A N/A
24 N/A
N/A N/A
103.3 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
Find a mortgage broker in Elmore VIC
Demographics
Total population 669
Median household income ($/weekly) 656
Median age of persons 52
Median housing loan repayment ($/monthly) 650
Average household size 2.1
  • Census Count Percent(%)
    35-44 years 75 11.2
    45-54 years 89 13.3
    55-64 years 92 13.8
    65-74 years 116 17.3
    75-84 years 76 11.4
    Others 221 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 251 48.7
    Not Married 229 44.5
    Defacto Relationship 35 6.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 568 91.9
    Greece 5 0.8
    Hong Kong 4 0.6
    Papua New Guinea 7 1.1
    United Kingdom 17 2.8
    Others 17 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 489 82.7
    No Religion 99 16.8
    Buddhism 3 0.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 45 16.4
    $400-$599 52 18.9
    $600-$799 34 12.4
    $800-$999 25 9.1
    $1,000-$1,249 28 10.2
    Others 91 33.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 286 53.9
    Employed, worked full-time 129 24.3
    Employed, worked part-time 76 14.3
    Employed, away from work 30 5.6
    Unemployed, looking for work 10 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 40 17.2
    Professionals 29 12.4
    Technicians & trades workers 36 15.5
    Machinery operators & drivers 30 12.9
    Labourers 29 12.4
    Others 69 29.6
    Occupation
    Census Count Percent(%)
    Pre-school 9 8.3
    Infants/Primary 36 33.3
    Secondary 40 37.0
    Technical or Further Educational Institution 12 11.1
    University or other Tertiary Institutions 8 7.4
    Others 3 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 572 91.8
    Semi-detached, row or terrace house, townhouse 20 3.2
    Caravan, cabin, houseboat 14 2.2
    Flat, unit or apartment 9 1.4
    House or flat attached to a shop, office 8 1.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 159 55.4
    Being purchased 79 27.5
    Rented 49 17.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals