Suburb Profile Report for Endeavour Hills VIC (3802)

Endeavour Hills House: Median price $583,500, Annual capital growth 8.12%, Number of sales 302, Weekly median advertised rent $380

Endeavour Hills Unit: Median price $406,250, Annual capital growth 4.82%, Number of sales 20, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Endeavour Hills is an average performer in VIC when comparing median price capital growth over the last year. Endeavour Hills gave property investors a good capital gain figure when compared to the rest of the state, with 13.30%.

Taking the average capital gain, or increase in median house value, Endeavour Hills,3802 has racked up an average of 13.30% over the period. This ranks it number 784th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -3.91% to buyers in Endeavour Hills at the moment, which is less than average for the rest of VIC.

Residents and property investors in Endeavour Hills have been waiting around 32.74 days to sell a property.

Situated 31.79km from the CBD, Endeavour Hills is one of Casey localities in the postcode 3802.

If you compare the increase in value of investment property in Endeavour Hills, 3802 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 2.72%.

The five-year average increase in median property values for Endeavour Hills,3802 has given property investors a potential capital gain of 23.11% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Endeavour Hills is offering property investors an average of -5.03. This rate of discount on properties puts Suburb at number 312th in terms of most discounted suburbs in VIC

On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.

Advertised rents are around the $350 mark per week – giving a return of 4.48% based on the median price in Suburb

YIP MAG Information supplied by:

YIP MAG
October 2015

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Endeavour Hills comprises more than 24,000 people and has an impressive line-up of features to accommodate their needsFull summary Endeavour Hills comprises more than 24,000 people and has an impressive line-up of features to accommodate their needs

These include the Endeavour Hills Shopping Centre, medical centres, childcare centres and great schools that make the suburb a good choice for families looking to escape the hustle and bustle of the Melbourne CBD, which is 31km away.

The popularity of Endeavour Hills is shown by its vacancy rate of 0.84% and the fact that houses typically spend just 43 days on the market, according
to CoreLogic RP Data.

This tight demand has no doubt helped prices rise by a decent 8% in the past 12 months.

Three-bedroom houses in the vicinity of Peebles Street are a good buy for families.

Expect to pay around the median price for these properties, which have the added bonus of being close to public transport, Endeavour Hills Shopping Centre and two primary schools.Close
Metrics i HOUSE UNIT
$583,500 $406,250
4.71% 2.85%
13.30% 2.72%
8.12% 4.82%
$380 $350
302 20
3.39% 4.48%
32.74 15.46

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
Find a mortgage broker in Endeavour Hills VIC
Demographics
Total population 24574
Median household income ($/weekly) 1321
Median age of persons 36
Median housing loan repayment ($/monthly) 1651
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 3180 12.9
    25-34 years 3327 13.5
    35-44 years 3168 12.9
    45-54 years 3923 16.0
    55-64 years 3284 13.4
    Others 7692 31.3
    Age Group
    Census Count Percent(%)
    Registered Married 10429 54.8
    Not Married 7673 40.3
    Defacto Relationship 922 4.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 11926 50.6
    Indonesia 1041 4.4
    Sri Lanka 1293 5.5
    United Kingdom 679 2.9
    Other 3198 13.6
    Others 5419 23.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 1338 5.8
    Christianity 15049 65.3
    Hinduism 782 3.4
    Islam 2278 9.9
    No Religion 3292 14.3
    Others 304 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 666 9.6
    $1,000-$1,249 757 11.0
    $1,250-$1,499 680 9.8
    $1,500-$1,999 1064 15.4
    $2,000-$2,499 807 11.7
    Others 2934 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7586 39.4
    Not in the labour force 6637 34.5
    Employed, worked part-time 3437 17.9
    Unemployed, looking for work 843 4.4
    Employed, away from work 740 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1944 16.5
    Technicians & trades workers 1922 16.3
    Clerical & administrative workers 1846 15.7
    Sales 1274 10.8
    Labourers 1333 11.3
    Others 3443 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 348 5.6
    Infants/Primary 1891 30.6
    Secondary 1898 30.7
    Technical or Further Educational Institution 678 11.0
    University or other Tertiary Institutions 1116 18.1
    Others 250 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 23041 96.8
    Semi-detached, row or terrace house, townhouse 652 2.7
    Flat, unit or apartment 103 0.4
    House or flat attached to a shop, office 8 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 3537 46.7
    Fully owned 2669 35.2
    Rented 1333 17.6
    Other tenure type 38 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals