Suburb Profile Report for Bundalong VIC (3730)

Bundalong House: Median price $457,000, Annual capital growth 20.47%, Number of sales 22, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Bundalong, 3730 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 38.48%.

Comparing Bundalong,3730 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Bundalong itself are offering an average vendor discount of -6.60% to real estate investors.

In the last year 22 properties changed hands in Bundalong, which puts it as the 575th most active market in VIC when comparing the number of sales per suburb.

HOUSE UNIT
$457,000 N/A
7.53% N/A
38.48% N/A
20.47% N/A
N/A N/A
22 N/A
N/A N/A
66.5 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
Find a mortgage broker in Bundalong VIC
Demographics
Total population 606
Median household income ($/weekly) 1140
Median age of persons 45
Median housing loan repayment ($/monthly) 1300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 87 14.4
    35-44 years 78 12.9
    45-54 years 105 17.4
    55-64 years 110 18.2
    65-74 years 70 11.6
    Others 155 25.6
    Age Group
    Census Count Percent(%)
    Registered Married 263 61.7
    Not Married 122 28.6
    Defacto Relationship 41 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 531 91.6
    Egypt 4 0.7
    Indonesia 4 0.7
    South Africa 5 0.9
    United Kingdom 24 4.1
    Others 12 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 426 78.0
    No Religion 117 21.4
    Buddhism 3 0.5
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 20 10.8
    $600-$799 19 10.2
    $800-$999 18 9.7
    $1,500-$1,999 24 12.9
    $2,000-$2,499 23 12.4
    Others 82 44.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 194 42.0
    Not in the labour force 151 32.7
    Employed, worked part-time 93 20.1
    Employed, away from work 17 3.7
    Unemployed, looking for work 7 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 82 26.9
    Professionals 40 13.1
    Technicians & trades workers 44 14.4
    Sales 31 10.2
    Labourers 34 11.1
    Others 74 24.3
    Occupation
    Census Count Percent(%)
    Pre-school 11 7.8
    Infants/Primary 50 35.5
    Secondary 51 36.2
    Technical or Further Educational Institution 10 7.1
    University or other Tertiary Institutions 11 7.8
    Others 8 5.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 529 98.5
    Caravan, cabin, houseboat 8 1.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 91 43.1
    Being purchased 86 40.8
    Rented 34 16.1
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals