Suburb Profile Report for Numurkah VIC (3636)

Numurkah House: Median price $195,000, Annual capital growth 1.28%, Number of sales 65, Weekly median advertised rent $245

Numurkah Unit: Median price $165,000, Annual capital growth N/A, Number of sales 16, Weekly median advertised rent $180

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

Source: CoreLogic

  • House Report
  • Unit Report

Numurkah has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -12.36% to date .

While Numurkah,3636 ranked number 583th in VIC for increase in median house value (annualised) increase, it is ranked 571th over the last 5 years.

Property investors looking for a bargain in Numurkah should be aiming for at least -5.86% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Numurkah have been waiting around 149.09 days to sell a property.

Advertised rents are around the $180 mark per week – giving a return of 5.67% based on the median price in Suburb

HOUSE UNIT
$195,000 $165,000
-1.27% 3.13%
-12.36% N/A
1.28% N/A
$245 $180
65 16
6.53% 5.67%
149.09 N/A

Source: CoreLogic

DSR Score for property investment : Below average (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