Suburb Profile Report for Mansfield VIC (3722)

Mansfield House: Median price $352,500, Annual capital growth 4.14%, Number of sales 80, Weekly median advertised rent $330

Mansfield Unit: Median price $268,500, Annual capital growth 1.92%, Number of sales 16, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Mansfield, 3722 ranked 580th in VIC when comparing growth in median property values or capital gain over the last 12 months. Mansfield is one of 2098 in our list for VIC

While Mansfield,3722 ranked number 640th in VIC for increase in median house value (annualised) increase, it is ranked 446th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Mansfield is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 338th in terms of most discounted suburbs in VIC

At number 2950 in a list of fastest selling suburbs, Mansfield is in the bottom 30% of suburbs in Australia with an average of days on market 112.23 for properties listed there.

Situated 129.67km from the CBD, Mansfield is one of Mansfield localities in the postcode 3722.

If you compare the increase in value of investment property in Mansfield, 3722 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -2.36%.

Over the longer term, Mansfield has seen property prices show investors a 8.92% return over the last 3 years. This is worse than over the last 12 months

In the last year 16 properties changed hands in Mansfield, which puts it as the 324th most active market in VIC when comparing the number of sales per suburb.

Situated 130.14km from the CBD, Mansfield is one of Mansfield localities in the postcode 3722.

HOUSE UNIT
$352,500 $268,500
-3.42% -14.76%
-0.70% -2.36%
4.14% 1.92%
$330 $300
80 16
4.87% 5.81%
112.23 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 4359
Median household income ($/weekly) 920
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 515 11.8
    35-44 years 519 11.9
    45-54 years 687 15.8
    55-64 years 626 14.4
    65-74 years 446 10.2
    Others 1567 35.9
    Age Group
    Census Count Percent(%)
    Registered Married 1544 50.1
    Not Married 1231 39.9
    Defacto Relationship 307 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3812 90.8
    Greece 47 1.1
    Papua New Guinea 43 1.0
    United Kingdom 155 3.7
    Other 43 1.0
    Others 96 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.7
    Christianity 2800 69.8
    Judaism 8 0.2
    Other Religious Groups 16 0.4
    No Religion 1152 28.7
    Others 8 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 150 9.7
    $400-$599 210 13.6
    $600-$799 180 11.7
    $800-$999 176 11.4
    $1,500-$1,999 201 13.1
    Others 622 40.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1210 35.3
    Not in the labour force 1200 35.0
    Employed, worked part-time 835 24.4
    Employed, away from work 135 3.9
    Unemployed, looking for work 45 1.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 329 15.1
    Professionals 294 13.5
    Technicians & trades workers 419 19.2
    Community & personal service workers 250 11.5
    Labourers 255 11.7
    Others 634 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 79 9.3
    Infants/Primary 310 36.3
    Secondary 290 34.0
    Technical or Further Educational Institution 91 10.7
    University or other Tertiary Institutions 45 5.3
    Others 38 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3607 90.6
    Semi-detached, row or terrace house, townhouse 273 6.9
    Flat, unit or apartment 67 1.7
    Caravan, cabin, houseboat 11 0.3
    House or flat attached to a shop, office 14 0.4
    Others 9 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 655 40.4
    Being purchased 535 33.0
    Rented 415 25.6
    Other tenure type 17 1.0
    Tenure Type
Census 2011, ABS
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