Suburb Profile Report for Wesburn VIC (3799)

Wesburn House: Median price $450,000, Annual capital growth 15.17%, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Wesburn, 3799 have given investors a capital gain of 4.65%. This compares badly with the 9.78% for VIC as a whole.

If we look at median property appreciation over just the last three months, Wesburn has given property investors a paper return of -0.55%. This puts Suburb as 595 on a list of fastest fasting appreciating suburbs in VIC

Wesburn3799 is located in VIC which offers an average discount of -5.71% to property investors. Wesburn itself is showing figures that indicate -3.88% is the average achievable by property buyers investing in the suburb.

Metrics i HOUSE UNIT
$450,000 N/A
-0.55% N/A
4.65% N/A
15.17% N/A
N/A N/A
15 N/A
N/A N/A
40.07 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 1178
Median household income ($/weekly) 1031
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 187 15.9
    15-19 years 108 9.2
    35-44 years 165 14.0
    45-54 years 178 15.1
    55-64 years 197 16.7
    Others 343 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 430 50.6
    Not Married 331 39.0
    Defacto Relationship 88 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 976 87.9
    New Zealand 10 0.9
    Papua New Guinea 15 1.4
    United Kingdom 63 5.7
    Other 12 1.1
    Others 34 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 541 52.7
    No Religion 453 44.1
    Buddhism 16 1.6
    Other Religious Groups 11 1.1
    Islam 6 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 39 11.4
    $800-$999 36 10.5
    $1,000-$1,249 41 12.0
    $1,250-$1,499 39 11.4
    $1,500-$1,999 44 12.8
    Others 144 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 319 36.4
    Not in the labour force 295 33.6
    Employed, worked part-time 192 21.9
    Employed, away from work 40 4.6
    Unemployed, looking for work 31 3.5
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 113 20.6
    Community & personal service workers 65 11.8
    Clerical & administrative workers 62 11.3
    Machinery operators & drivers 60 10.9
    Labourers 78 14.2
    Others 171 31.1
    Occupation
    Census Count Percent(%)
    Pre-school 11 3.8
    Infants/Primary 123 42.3
    Secondary 97 33.3
    Technical or Further Educational Institution 35 12.0
    University or other Tertiary Institutions 15 5.2
    Others 10 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1050 94.9
    Caravan, cabin, houseboat 38 3.4
    Improvised home, tent, sleepers out 10 0.9
    Flat, unit or apartment 8 0.7
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 190 48.8
    Fully owned 147 37.8
    Rented 47 12.1
    Other tenure type 5 1.3
    Tenure Type
Census 2011, ABS
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