Suburb Profile Report for Numurkah VIC (3636)

Numurkah House: Median price $215,500, Annual capital growth 1.89%, Number of sales 82, Weekly median advertised rent $230

Numurkah Unit: Median price $158,000, Annual capital growth 0.29%, Number of sales 14, Weekly median advertised rent $190

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Numurkah, 3636 have given investors a capital gain of 10.51%. This compares averagely with the 11.41% for VIC as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Numurkah comes in at number 635th in VIC.

Property investors looking for a bargain in Numurkah should be aiming for at least -7.19% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors should expect to get $230 weekly from the median priced house in this suburb.

VIC has seen average median house prices change by 5.66% which means that Numurkah, 3636 has done well for property investors by showing a capital gain of -1.25% over the last year

Over the longer term, Numurkah has seen property prices show investors a -3.66% return over the last 3 years. This is an improvement over the last 12 months

Advertised rents are around the $190 mark per week – giving a return of 6.25% based on the median price in Suburb

Metrics i HOUSE UNIT
$215,500 $158,000
0.23% N/A
10.51% -1.25%
1.89% 0.29%
$230 $190
82 14
5.55% 6.25%
161.48 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 4767
Median household income ($/weekly) 796
Median age of persons 43
Median housing loan repayment ($/monthly) 1083
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 653 13.7
    35-44 years 562 11.8
    45-54 years 601 12.6
    55-64 years 603 12.6
    65-74 years 494 10.4
    Others 1854 38.9
    Age Group
    Census Count Percent(%)
    Registered Married 1731 50.9
    Not Married 1356 39.9
    Defacto Relationship 312 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4216 93.1
    New Zealand 22 0.5
    Papua New Guinea 55 1.2
    United Kingdom 119 2.6
    Other 18 0.4
    Others 100 2.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 0.7
    Christianity 3295 75.6
    Hinduism 6 0.1
    Other Religious Groups 14 0.3
    No Religion 1007 23.1
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 203 12.3
    $400-$599 287 17.3
    $600-$799 206 12.4
    $800-$999 201 12.1
    $1,500-$1,999 169 10.2
    Others 590 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1586 43.6
    Employed, worked full-time 1168 32.1
    Employed, worked part-time 624 17.2
    Employed, away from work 150 4.1
    Unemployed, looking for work 106 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 330 17.0
    Professionals 243 12.5
    Technicians & trades workers 292 15.0
    Community & personal service workers 214 11.0
    Labourers 307 15.8
    Others 558 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 72 7.1
    Infants/Primary 398 39.5
    Secondary 337 33.4
    Technical or Further Educational Institution 108 10.7
    University or other Tertiary Institutions 58 5.8
    Others 35 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4048 92.8
    Semi-detached, row or terrace house, townhouse 64 1.5
    Flat, unit or apartment 221 5.1
    Caravan, cabin, houseboat 8 0.2
    House or flat attached to a shop, office 17 0.4
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 736 40.9
    Being purchased 581 32.3
    Rented 468 26.0
    Other tenure type 14 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals