Suburb Profile Report for Numurkah VIC (3636)

Numurkah House: Median price $197,500, Annual capital growth 1.27%, Number of sales 69, Weekly median advertised rent $250

Numurkah Unit: Median price $160,000, Annual capital growth -1.58%, Number of sales 17, Weekly median advertised rent $193

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 8.12% which means that Numurkah, 3636 has done well for property investors by showing a capital gain of -8.14% over the last year

If we look at median property appreciation over just the last three months, Numurkah has given property investors a paper return of -0.63%. This puts Suburb as 565 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Numurkah is giving property investors an average Vendor Discount of around -5.97%. This puts suburb at number 258th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Numurkah the average time real estate has been on the market is 141.62 days.

The VIC suburb of Numurkah, 3636 is in the Moira local government area.

Giving property investors a a poor capital gain of -25.58% for the last year, Numurkah, 3636 is the 1714th highest performer in Australia in this respect.

Comparing Numurkah,3636 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

In the last year 17 properties changed hands in Numurkah, which puts it as the 318th most active market in VIC when comparing the number of sales per suburb.

Numurkah is 4th on a list of best yielding suburbs for rents in VIC with a 6.26% return

Metrics i HOUSE UNIT
$197,500 $160,000
-0.63% -3.03%
-8.14% -25.58%
1.27% -1.58%
$250 $193
69 17
6.58% 6.26%
141.62 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (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
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Recent sales & rentals