Suburb Profile Report for Wollert VIC (3750)

Wollert House: Median price $452,995, Annual capital growth 1.03%, Number of sales 207, Weekly median advertised rent $360

Wollert Unit: Median price $339,000, Annual capital growth 0.67%, Number of sales 10, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1054th in the list of Australian suburbs ordered by increase in median house value over the last year, Wollert, 3750 is in the top 30% with a property value increase of 9.95% recorded in median house prices.

A 4.14% growth in median value for property investors in Wollert,3750 puts this suburb at number 193th in terms of best performing suburbs in VIC

The most recent median price for Wollert is $452995, with sellers offering an average of -3.86% off the asking price.

Residents and property investors in Wollert have been waiting around 88.48 days to sell a property.

Wollert, 3750’s gross rental yield is 4.13%

Giving property investors a an unimpressive capital gain of -3.97% for the last year, Wollert, 3750 is the 1355th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Wollert,3750 has racked up an average of -3.97% over the period. This ranks it number 1261th in the whole country for real estate investors looking at median house price increases.

Property investors should expect to get $300 weekly from the median priced house in this suburb.

HOUSE UNIT
$452,995 $339,000
2.95% N/A
9.95% -3.97%
1.03% 0.67%
$360 $300
207 10
4.13% 4.60%
88.48 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 509
Median household income ($/weekly) 1375
Median age of persons 37
Median housing loan repayment ($/monthly) 2400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 48 9.4
    25-34 years 99 19.4
    35-44 years 61 12.0
    45-54 years 74 14.5
    55-64 years 68 13.3
    Others 160 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 249 60.3
    Not Married 125 30.3
    Defacto Relationship 39 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 331 67.0
    Germany 18 3.6
    Indonesia 15 3.0
    Japan 34 6.9
    Other 14 2.8
    Others 82 16.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 4 0.8
    Christianity 377 78.1
    Hinduism 6 1.2
    Islam 48 9.9
    No Religion 44 9.1
    Others 4 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 16 9.9
    $1,000-$1,249 21 13.0
    $1,250-$1,499 19 11.8
    $1,500-$1,999 19 11.8
    $2,000-$2,499 25 15.5
    Others 61 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 196 46.6
    Not in the labour force 138 32.8
    Employed, worked part-time 58 13.8
    Employed, away from work 19 4.5
    Unemployed, looking for work 10 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 58 21.1
    Professionals 35 12.7
    Technicians & trades workers 35 12.7
    Clerical & administrative workers 51 18.5
    Machinery operators & drivers 30 10.9
    Others 66 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 6 7.6
    Infants/Primary 28 35.4
    Secondary 16 20.3
    Technical or Further Educational Institution 9 11.4
    University or other Tertiary Institutions 14 17.7
    Others 6 7.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 509 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 83 47.7
    Fully owned 63 36.2
    Rented 25 14.4
    Other tenure type 3 1.7
    Tenure Type
Census 2011, ABS
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