Suburb Profile Report for Tatura VIC (3616)

Tatura House: Median price $223,000, Annual capital growth 1.56%, Number of sales 55, Weekly median advertised rent $260

Tatura Unit: Median price $207,500, Annual capital growth N/A, Number of sales 12, Weekly median advertised rent $220

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Tatura, 3616 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -6.11%.

While Tatura,3616 ranked number 459th in VIC for increase in median house value (annualised) increase, it is ranked 467th over the last 5 years.

Tatura3616 is located in VIC which offers an average discount of -6.04% to property investors. Tatura itself is showing figures that indicate -5.43% is the average achievable by property buyers investing in the suburb.

A $260 per week rent on the median house gives suburb investors a gross yield of circa 6.06%, without taking into account capital value appreciation, which has been averaging out at 1.56%.

Property investors should expect to get $220 weekly from the median priced house in this suburb.

HOUSE UNIT
$223,000 $207,500
0.00% N/A
-6.11% N/A
1.56% N/A
$260 $220
55 12
6.06% 5.51%
114.29 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
Find a mortgage broker in Tatura VIC
Demographics
Total population 4447
Median household income ($/weekly) 953
Median age of persons 41
Median housing loan repayment ($/monthly) 1322
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 596 13.4
    35-44 years 585 13.2
    45-54 years 632 14.2
    55-64 years 543 12.2
    65-74 years 433 9.7
    Others 1659 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 1731 53.6
    Not Married 1235 38.2
    Defacto Relationship 264 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3728 88.7
    Japan 149 3.5
    Papua New Guinea 50 1.2
    Turkey 48 1.1
    United Kingdom 72 1.7
    Others 154 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 0.9
    Christianity 3005 73.7
    Islam 84 2.1
    Other Religious Groups 26 0.6
    No Religion 919 22.6
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 230 15.2
    $600-$799 164 10.8
    $800-$999 167 11.0
    $1,000-$1,249 151 10.0
    $1,500-$1,999 180 11.9
    Others 622 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1336 39.6
    Employed, worked full-time 1216 36.0
    Employed, worked part-time 598 17.7
    Employed, away from work 133 3.9
    Unemployed, looking for work 95 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 319 16.4
    Professionals 313 16.1
    Technicians & trades workers 263 13.5
    Clerical & administrative workers 220 11.3
    Labourers 346 17.8
    Others 486 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 74 8.0
    Infants/Primary 357 38.8
    Secondary 333 36.2
    Technical or Further Educational Institution 73 7.9
    University or other Tertiary Institutions 57 6.2
    Others 26 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3832 92.4
    Flat, unit or apartment 194 4.7
    Semi-detached, row or terrace house, townhouse 60 1.4
    Caravan, cabin, houseboat 38 0.9
    House or flat attached to a shop, office 23 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 643 39.7
    Being purchased 581 35.8
    Rented 383 23.6
    Other tenure type 14 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals