Suburb Profile Report for Avenel VIC (3664)

Avenel House: Median price $225,000, Annual capital growth 2.59%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Avenel has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.16%

Over the longer term, Avenel has seen property prices show investors a -9.46% return over the last 3 years. This is an improvement over the last 12 months

Property buyers and investors in Avenel 3664 should be seeing an average reduction in asking price of around -8.67% . This means that Avenel is holding prices well when compared to other suburbs in VIC.

Residents and property investors in Avenel have been waiting around 142.81 days to sell a property.

Metrics i HOUSE UNIT
$225,000 N/A
-4.26% N/A
-8.16% N/A
2.59% N/A
N/A N/A
12 N/A
N/A N/A
142.81 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1047
Median household income ($/weekly) 1022
Median age of persons 45
Median housing loan repayment ($/monthly) 1222
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 137 13.1
    35-44 years 136 13.0
    45-54 years 153 14.6
    55-64 years 189 18.1
    65-74 years 129 12.3
    Others 303 28.9
    Age Group
    Census Count Percent(%)
    Registered Married 394 54.5
    Not Married 242 33.5
    Defacto Relationship 87 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 874 91.7
    Papua New Guinea 12 1.3
    Philippines 6 0.6
    United Kingdom 37 3.9
    Other 12 1.3
    Others 12 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 616 68.3
    No Religion 269 29.8
    Other Religious Groups 9 1.0
    Buddhism 8 0.9
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 40 12.1
    $600-$799 35 10.6
    $1,000-$1,249 45 13.6
    $1,250-$1,499 38 11.5
    $1,500-$1,999 36 10.9
    Others 136 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 297 37.5
    Not in the labour force 292 36.9
    Employed, worked part-time 143 18.1
    Employed, away from work 40 5.1
    Unemployed, looking for work 19 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 21.0
    Professionals 75 15.6
    Technicians & trades workers 64 13.3
    Clerical & administrative workers 49 10.2
    Labourers 80 16.7
    Others 111 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 19 9.4
    Infants/Primary 79 39.1
    Secondary 62 30.7
    Technical or Further Educational Institution 21 10.4
    University or other Tertiary Institutions 13 6.4
    Others 8 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 917 99.5
    Semi-detached, row or terrace house, townhouse 5 0.5
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 165 44.4
    Being purchased 129 34.7
    Rented 73 19.6
    Other tenure type 5 1.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals