Suburb Profile Report for Mount Evelyn VIC (3796)

Mount Evelyn House: Median price $540,000, Annual capital growth 6.96%, Number of sales 121, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report

Property value increases in Mount Evelyn have tracked just higher than the VIC average of 7.68% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Mount Evelyn comes in at number 215th in VIC.

Vendor discounting in Mount Evelyn is giving property investors an average Vendor Discount of around -5.70%. This puts suburb at number 300th in VIC when ranking the most discounted suburbs.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 6.96%, investors should hope to achieve an overall return of 3.47%

HOUSE UNIT
$540,000 N/A
1.79% N/A
10.58% N/A
6.96% N/A
$360 N/A
121 N/A
3.47% N/A
36.19 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 9375
Median household income ($/weekly) 1418
Median age of persons 36
Median housing loan repayment ($/monthly) 1651
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1451 15.5
    25-34 years 1149 12.3
    35-44 years 1439 15.4
    45-54 years 1451 15.5
    55-64 years 1090 11.6
    Others 2794 29.8
    Age Group
    Census Count Percent(%)
    Registered Married 3584 52.3
    Not Married 2523 36.8
    Defacto Relationship 741 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 7800 85.8
    New Zealand 153 1.7
    Papua New Guinea 76 0.8
    United Kingdom 605 6.7
    Other 100 1.1
    Others 358 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 89 1.0
    Christianity 5070 59.7
    Hinduism 7 0.1
    Other Religious Groups 54 0.6
    No Religion 3261 38.4
    Others 7 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 247 8.9
    $1,000-$1,249 279 10.1
    $1,250-$1,499 294 10.6
    $1,500-$1,999 514 18.6
    $2,000-$2,499 321 11.6
    Others 1108 40.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3006 42.6
    Not in the labour force 1909 27.1
    Employed, worked part-time 1627 23.1
    Employed, away from work 301 4.3
    Unemployed, looking for work 211 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 516 10.5
    Professionals 773 15.7
    Technicians & trades workers 1087 22.0
    Clerical & administrative workers 726 14.7
    Labourers 494 10.0
    Others 1334 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 203 8.0
    Infants/Primary 930 36.5
    Secondary 799 31.3
    Technical or Further Educational Institution 281 11.0
    University or other Tertiary Institutions 248 9.7
    Others 90 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8738 96.9
    Semi-detached, row or terrace house, townhouse 194 2.2
    Flat, unit or apartment 73 0.8
    House or flat attached to a shop, office 10 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1802 58.5
    Fully owned 907 29.4
    Rented 336 10.9
    Other tenure type 36 1.2
    Tenure Type
Census 2011, ABS
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