Suburb Profile Report for The Patch VIC (3792)

The Patch House: Median price $570,500, Annual capital growth 4.02%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 12.97% for the last 12 months, The Patch, 3792 has performed for property investments than its average annual 4.02% property growth over the last 5 years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in The Patch itself are offering an average vendor discount of -1.09% to real estate investors.

Situated 38.97km from the CBD, The Patch is one of Yarra Ranges localities in the postcode 3792.

HOUSE UNIT
$570,500 N/A
13.42% N/A
12.97% N/A
4.02% N/A
N/A N/A
12 N/A
N/A N/A
54.53 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1039
Median household income ($/weekly) 1622
Median age of persons 44
Median housing loan repayment ($/monthly) 1500
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 147 14.2
    35-44 years 152 14.6
    45-54 years 187 18.0
    55-64 years 180 17.3
    65-74 years 84 8.1
    Others 288 27.7
    Age Group
    Census Count Percent(%)
    Registered Married 443 56.9
    Not Married 266 34.2
    Defacto Relationship 69 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 847 83.4
    Greece 13 1.3
    New Zealand 16 1.6
    United Kingdom 74 7.3
    Other 18 1.8
    Others 48 4.7
    Country of Birth
    Census Count Percent(%)
    Christianity 476 51.7
    No Religion 416 45.2
    Buddhism 22 2.4
    Other Religious Groups 7 0.8
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 29 9.2
    $800-$999 30 9.5
    $1,500-$1,999 51 16.1
    $2,000-$2,499 36 11.4
    $2,500-$2,999 40 12.7
    Others 130 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 331 40.0
    Not in the labour force 247 29.9
    Employed, worked part-time 210 25.4
    Employed, away from work 28 3.4
    Unemployed, looking for work 11 1.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 87 15.4
    Professionals 157 27.7
    Technicians & trades workers 103 18.2
    Clerical & administrative workers 63 11.1
    Sales 48 8.5
    Others 108 19.1
    Occupation
    Census Count Percent(%)
    Pre-school 20 7.2
    Infants/Primary 102 37.0
    Secondary 79 28.6
    Technical or Further Educational Institution 28 10.1
    University or other Tertiary Institutions 44 15.9
    Others 3 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 991 99.1
    Semi-detached, row or terrace house, townhouse 5 0.5
    Flat, unit or apartment 4 0.4
    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 165 47.0
    Fully owned 149 42.5
    Rented 37 10.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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