Suburb Profile Report for Mount Beauty VIC (3699)

Mount Beauty House: Median price $200,000, Annual capital growth 1.83%, Number of sales 23, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Mount Beauty, 3699 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.82%

If we look at median property appreciation over just the last three months, Mount Beauty has given property investors a paper return of 11.11%. This puts Suburb as 20 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Mount Beauty is giving property investors an average Vendor Discount of around -7.45%. This puts suburb at number 136th in VIC when ranking the most discounted suburbs.

Advertised rents are around the $270 mark per week – giving a return of 7.02% based on the median price in Suburb

HOUSE UNIT
$200,000 N/A
11.11% N/A
5.82% N/A
1.83% N/A
$270 N/A
23 N/A
7.02% N/A
126.83 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 818
Median household income ($/weekly) 687
Median age of persons 45
Median housing loan repayment ($/monthly) 867
Average household size 2
  • Census Count Percent(%)
    35-44 years 104 12.7
    45-54 years 99 12.1
    55-64 years 121 14.8
    65-74 years 88 10.7
    75-84 years 83 10.1
    Others 324 39.6
    Age Group
    Census Count Percent(%)
    Not Married 273 47.6
    Registered Married 235 41.0
    Defacto Relationship 65 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 643 82.4
    Greece 18 2.3
    Papua New Guinea 13 1.7
    United Kingdom 47 6.0
    Other 18 2.3
    Others 41 5.3
    Country of Birth
    Census Count Percent(%)
    Christianity 403 54.8
    No Religion 305 41.5
    Buddhism 19 2.6
    Other Religious Groups 5 0.7
    Islam 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 39 12.1
    $400-$599 51 15.8
    $600-$799 57 17.6
    $800-$999 40 12.4
    $1,000-$1,249 31 9.6
    Others 105 32.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 315 48.5
    Employed, worked full-time 151 23.3
    Employed, worked part-time 133 20.5
    Employed, away from work 28 4.3
    Unemployed, looking for work 22 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 46 14.8
    Technicians & trades workers 52 16.8
    Community & personal service workers 45 14.5
    Sales 37 11.9
    Labourers 54 17.4
    Others 76 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 10.4
    Infants/Primary 41 28.5
    Secondary 57 39.6
    Technical or Further Educational Institution 11 7.6
    University or other Tertiary Institutions 12 8.3
    Others 8 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 701 98.0
    Flat, unit or apartment 8 1.1
    House or flat attached to a shop, office 6 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 144 41.7
    Rented 102 29.6
    Being purchased 94 27.2
    Other tenure type 5 1.4
    Tenure Type
Census 2011, ABS
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