Suburb Profile Report for Numurkah VIC (3636)

Numurkah House: Median price $202,000, Annual capital growth 1.38%, Number of sales 85, Weekly median advertised rent $240

Numurkah Unit: Median price $166,000, Annual capital growth 0.90%, Number of sales 17, Weekly median advertised rent $190

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Numurkah has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.21%

Numurkah,3636 has offered an average of 5.21% return per annum in house price rises to property investors over the last three years.

Numurkah3636 is located in VIC which offers an average discount of -5.41% to property investors. Numurkah itself is showing figures that indicate -7.34% is the average achievable by property buyers investing in the suburb.

In the last year 85 properties changed hands in Numurkah, which puts it as the 313th most active market in VIC when comparing the number of sales per suburb.

Situated 196.26km from the CBD, Numurkah is one of Moira localities in the postcode 3636.

VIC has seen average median house prices change by 4.90% which means that Numurkah, 3636 has done well for property investors by showing a capital gain of 3.75% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Numurkah comes in at number 311th in VIC.

Advertised rents are around the $190 mark per week – giving a return of 5.95% based on the median price in Suburb

Metrics i HOUSE UNIT
$202,000 $166,000
3.59% 5.06%
5.21% 3.75%
1.38% 0.90%
$240 $190
85 17
6.18% 5.95%
154.98 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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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