Suburb Profile Report for Mansfield VIC (3722)

Mansfield House: Median price $375,000, Annual capital growth 3.99%, Number of sales 69, Weekly median advertised rent $310

Mansfield Unit: Median price $315,000, Annual capital growth 3.24%, Number of sales 13, Weekly median advertised rent $288

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Mansfield has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.70%

While Mansfield,3722 ranked number 460th in VIC for increase in median house value (annualised) increase, it is ranked 316th over the last 5 years.

At number 250th of VIC’s most discounted properties, Mansfield is in the middle of the state/territory when listing in order of most discounted to least.

Renters in Suburb are facing rents around $3720 per annum or $310 every week.

Investment property in Mansfield has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 18.87%

Over the longer term, Mansfield has seen property prices show investors a 34.04% return over the last 3 years. This is worse than over the last 12 months

In the last year 13 properties changed hands in Mansfield, which puts it as the 346th most active market in VIC when comparing the number of sales per suburb.

HOUSE UNIT
$375,000 $315,000
0.00% -7.69%
8.70% 18.87%
3.99% 3.24%
$310 $288
69 13
4.30% 4.75%
112.19 N/A

Source: CoreLogic

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