Suburb Profile Report for Bunyip VIC (3815)

Bunyip House: Median price $420,000, Annual capital growth 5.11%, Number of sales 31, Weekly median advertised rent $370

Bunyip Unit: Median price $348,000, Annual capital growth 20.00%, Number of sales 11, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 21.56% for the last 12 months, Bunyip, 3815 has performed for property investments than its average annual 5.11% property growth over the last 5 years.

While Bunyip,3815 ranked number 601th in VIC for increase in median house value (annualised) increase, it is ranked 472th over the last 5 years.

Bunyip3815 is located in VIC which offers an average discount of -5.26% to property investors. Bunyip itself is showing figures that indicate -4.26% is the average achievable by property buyers investing in the suburb.

Situated 70.89km from the CBD, Bunyip is one of Cardinia localities in the postcode 3815.

VIC has seen average median house prices change by 5.66% which means that Bunyip, 3815 has done well for property investors by showing a capital gain of 20.00% over the last year

If we look at median property appreciation over just the last three months, Bunyip has given property investors a paper return of -0.29%. This puts Suburb as 268 on a list of fastest fasting appreciating suburbs in VIC

In the last year 11 properties changed hands in Bunyip, which puts it as the 374th most active market in VIC when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$420,000 $348,000
-1.18% -0.29%
21.56% 20.00%
5.11% 20.00%
$370 N/A
31 11
4.58% N/A
72.41 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 2232
Median household income ($/weekly) 1262
Median age of persons 40
Median housing loan repayment ($/monthly) 1500
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 367 16.4
    25-34 years 177 7.9
    35-44 years 320 14.3
    45-54 years 359 16.1
    55-64 years 249 11.2
    Others 760 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 896 57.0
    Not Married 543 34.6
    Defacto Relationship 132 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1913 89.8
    Japan 14 0.7
    New Zealand 15 0.7
    Papua New Guinea 16 0.8
    United Kingdom 114 5.4
    Others 58 2.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1400 68.1
    No Religion 634 30.9
    Buddhism 15 0.7
    Islam 3 0.1
    Other Religious Groups 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 72 10.9
    $600-$799 73 11.1
    $1,250-$1,499 83 12.6
    $1,500-$1,999 104 15.8
    $2,000-$2,499 65 9.9
    Others 261 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 652 39.2
    Not in the labour force 564 33.9
    Employed, worked part-time 341 20.5
    Employed, away from work 67 4.0
    Unemployed, looking for work 38 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 128 12.1
    Professionals 121 11.4
    Technicians & trades workers 224 21.1
    Clerical & administrative workers 169 15.9
    Labourers 116 10.9
    Others 304 28.6
    Occupation
    Census Count Percent(%)
    Pre-school 39 6.8
    Infants/Primary 251 43.7
    Secondary 181 31.5
    Technical or Further Educational Institution 49 8.5
    University or other Tertiary Institutions 45 7.8
    Others 10 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1989 94.9
    Flat, unit or apartment 103 4.9
    House or flat attached to a shop, office 3 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 349 48.3
    Fully owned 266 36.8
    Rented 99 13.7
    Other tenure type 8 1.1
    Tenure Type
Census 2011, ABS
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