Suburb Profile Report for Broadford VIC (3658)

Broadford House: Median price $288,750, Annual capital growth 3.81%, Number of sales 69, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

With a capital gain of 5.00% for the last 12 months, Broadford, 3658 has performed for property investments than its average annual 3.81% property growth over the last 5 years.

Broadford,3658 has offered an average of 5.00% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Broadford is giving property investors an average Vendor Discount of around -5.40%. This puts suburb at number 308th in VIC when ranking the most discounted suburbs.

Using the current median advertised rental of $300 and the average annual increase in value of a median property of 3.81%, investors should hope to achieve an overall return of 5.40%

Metrics i HOUSE UNIT
$288,750 N/A
0.52% N/A
5.00% N/A
3.81% N/A
$300 N/A
69 N/A
5.40% N/A
91.86 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 4174
Median household income ($/weekly) 1028
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 583 14.0
    25-34 years 462 11.1
    35-44 years 563 13.5
    45-54 years 651 15.6
    55-64 years 541 13.0
    Others 1374 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1419 47.4
    Not Married 1237 41.3
    Defacto Relationship 336 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3528 90.7
    Greece 32 0.8
    Papua New Guinea 42 1.1
    United Kingdom 156 4.0
    Other 34 0.9
    Others 99 2.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.4
    Christianity 2358 64.4
    Islam 13 0.4
    Other Religious Groups 15 0.4
    No Religion 1252 34.2
    Others 11 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 170 13.1
    $600-$799 150 11.5
    $800-$999 138 10.6
    $1,000-$1,249 141 10.8
    $1,500-$1,999 181 13.9
    Others 521 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1180 38.1
    Employed, worked full-time 1151 37.2
    Employed, worked part-time 562 18.2
    Employed, away from work 109 3.5
    Unemployed, looking for work 94 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 206 11.3
    Technicians & trades workers 335 18.4
    Clerical & administrative workers 251 13.8
    Machinery operators & drivers 202 11.1
    Labourers 289 15.8
    Others 541 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 68 7.5
    Infants/Primary 348 38.3
    Secondary 310 34.1
    Technical or Further Educational Institution 86 9.5
    University or other Tertiary Institutions 69 7.6
    Others 27 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3724 96.3
    Semi-detached, row or terrace house, townhouse 71 1.8
    Flat, unit or apartment 46 1.2
    Improvised home, tent, sleepers out 13 0.3
    House or flat attached to a shop, office 9 0.2
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 700 48.4
    Fully owned 459 31.7
    Rented 283 19.6
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals