Suburb Profile Report for Nagambie VIC (3608)

Nagambie House: Median price $350,000, Annual capital growth 5.36%, Number of sales 40, Weekly median advertised rent $333

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

Source: CoreLogic

  • House Report

At number 2790th in the list of Australian suburbs ordered by increase in median house value over the last year, Nagambie, 3608 is in the BOTTOM 40% with a property value increase of 0.86% recorded in median house prices.

While Nagambie,3608 ranked number 222th in VIC for increase in median house value (annualised) increase, it is ranked 386th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Nagambie is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 475th in terms of most discounted suburbs in VIC

Residents and property investors in Nagambie have been waiting around 84.24 days to sell a property.

The VIC suburb of Nagambie, 3608 is in the Strathbogie local government area.

Metrics i HOUSE UNIT
$350,000 N/A
2.94% N/A
0.86% N/A
5.36% N/A
$333 N/A
40 N/A
4.94% N/A
84.24 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Below average (U)
Find a mortgage broker in Nagambie VIC
Demographics
Total population 1547
Median household income ($/weekly) 790
Median age of persons 46
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 158 10.2
    35-44 years 180 11.6
    45-54 years 201 13.0
    55-64 years 213 13.8
    65-74 years 183 11.8
    Others 612 39.6
    Age Group
    Census Count Percent(%)
    Registered Married 524 46.2
    Not Married 515 45.4
    Defacto Relationship 95 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1294 89.5
    Japan 12 0.8
    Papua New Guinea 17 1.2
    United Kingdom 50 3.5
    Other 14 1.0
    Others 59 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.8
    Christianity 1073 74.3
    Hinduism 4 0.3
    Other Religious Groups 4 0.3
    No Religion 349 24.2
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 72 12.5
    $400-$599 87 15.1
    $600-$799 73 12.7
    $800-$999 71 12.3
    $1,500-$1,999 59 10.2
    Others 214 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 555 45.3
    Employed, worked full-time 407 33.2
    Employed, worked part-time 180 14.7
    Employed, away from work 44 3.6
    Unemployed, looking for work 39 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 15.8
    Professionals 64 10.0
    Technicians & trades workers 97 15.2
    Clerical & administrative workers 70 11.0
    Labourers 118 18.5
    Others 188 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 33 12.3
    Infants/Primary 94 34.9
    Secondary 85 31.6
    Technical or Further Educational Institution 33 12.3
    University or other Tertiary Institutions 14 5.2
    Others 10 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1278 91.5
    Semi-detached, row or terrace house, townhouse 41 2.9
    Flat, unit or apartment 19 1.4
    Caravan, cabin, houseboat 26 1.9
    House or flat attached to a shop, office 30 2.1
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 267 44.7
    Being purchased 163 27.3
    Rented 162 27.1
    Other tenure type 5 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals