Suburb Profile Report for Rutherglen VIC (3685)

Rutherglen House: Median price $247,500, Annual capital growth 2.51%, Number of sales 44, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 11.00% which means that Rutherglen, 3685 has done well for property investors by showing a capital gain of 0.15% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Rutherglen comes in at number 474th in VIC.

Property buyers and investors in Rutherglen 3685 should be seeing an average reduction in asking price of around -5.72% . This means that Rutherglen is holding prices well when compared to other suburbs in VIC.

Residents and property investors in Rutherglen have been waiting around 79.34 days to sell a property.

Rutherglen, 3685’s gross rental yield is 5.67%

Metrics i HOUSE UNIT
$247,500 N/A
-2.94% N/A
0.15% N/A
2.51% N/A
$270 N/A
44 N/A
5.67% N/A
79.34 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
Find a mortgage broker in Rutherglen VIC
Demographics
Total population 2479
Median household income ($/weekly) 962
Median age of persons 44
Median housing loan repayment ($/monthly) 1331
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 307 12.4
    35-44 years 315 12.7
    45-54 years 352 14.2
    55-64 years 402 16.2
    65-74 years 256 10.3
    Others 848 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 929 51.7
    Not Married 671 37.3
    Defacto Relationship 197 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2215 93.0
    Greece 11 0.5
    New Zealand 18 0.8
    Papua New Guinea 35 1.5
    United Kingdom 72 3.0
    Others 30 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1703 74.4
    No Religion 565 24.7
    Buddhism 16 0.7
    Other Religious Groups 5 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 96 10.9
    $400-$599 109 12.4
    $600-$799 115 13.1
    $1,000-$1,249 96 10.9
    $1,500-$1,999 115 13.1
    Others 349 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 741 37.7
    Employed, worked full-time 706 36.0
    Employed, worked part-time 360 18.3
    Employed, away from work 107 5.5
    Unemployed, looking for work 49 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 191 16.2
    Professionals 167 14.2
    Technicians & trades workers 154 13.1
    Clerical & administrative workers 135 11.5
    Labourers 232 19.7
    Others 298 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 42 8.0
    Infants/Primary 201 38.1
    Secondary 167 31.7
    Technical or Further Educational Institution 54 10.2
    University or other Tertiary Institutions 50 9.5
    Others 13 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2083 91.7
    Semi-detached, row or terrace house, townhouse 86 3.8
    Flat, unit or apartment 79 3.5
    House or flat attached to a shop, office 24 1.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 379 39.2
    Being purchased 339 35.1
    Rented 242 25.1
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals