Suburb Profile Report for Rutherglen VIC (3685)

Rutherglen House: Median price $255,000, Annual capital growth 3.11%, Number of sales 39, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Investment property in Rutherglen has done pretty 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 3.19%

Taking the average capital gain, or increase in median house value, Rutherglen,3685 has racked up an average of 3.19% over the period. This ranks it number 2070th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Rutherglen is $255000, with sellers offering an average of -5.90% off the asking price.

Situated 230.49km from the CBD, Rutherglen is one of Indigo localities in the postcode 3685.

Metrics i HOUSE UNIT
$255,000 N/A
N/A N/A
3.19% N/A
3.11% N/A
$250 N/A
39 N/A
5.10% N/A
94.84 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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