Suburb Profile Report for Longwarry VIC (3816)

Longwarry House: Median price $327,500, Annual capital growth 5.65%, Number of sales 46, Weekly median advertised rent $305

Longwarry Unit: Median price $270,500, Annual capital growth -0.47%, Number of sales 12, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 9.17% for the last year, Longwarry, 3816 is the 1201th highest performer in Australia in this respect.

Longwarry,3816 was ranked 3058 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Longwarry should be aiming for at least -3.16% off the asking price, which is the average vendor discount being achieved at the moment.

Longwarry is 142th on a list of best yielding suburbs for rents in VIC with a 4.84% return

Longwarry is an average performer in VIC when comparing median price capital growth over the last year. Longwarry gave property investors a average capital gain figure when compared to the rest of the state, with 2.56%.

Using the current median advertised rental of $280 and the average annual increase in value of a median property of -0.47%, investors should hope to achieve an overall return of 5.38%

HOUSE UNIT
$327,500 $270,500
-1.17% 0.65%
9.17% 2.56%
5.65% -0.47%
$305 $280
46 12
4.84% 5.38%
99.43 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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Demographics
Total population 1437
Median household income ($/weekly) 1075
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 193 13.4
    25-34 years 203 14.1
    35-44 years 194 13.5
    45-54 years 218 15.2
    55-64 years 149 10.4
    Others 480 33.4
    Age Group
    Census Count Percent(%)
    Registered Married 461 45.0
    Not Married 425 41.5
    Defacto Relationship 138 13.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1175 88.9
    Indonesia 9 0.7
    Papua New Guinea 16 1.2
    United Kingdom 61 4.6
    Other 13 1.0
    Others 48 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 5 0.4
    Christianity 812 64.3
    Hinduism 4 0.3
    Other Religious Groups 10 0.8
    No Religion 429 34.0
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 59 13.1
    $800-$999 53 11.8
    $1,000-$1,249 48 10.7
    $1,250-$1,499 48 10.7
    $1,500-$1,999 68 15.1
    Others 174 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 426 40.3
    Not in the labour force 348 33.0
    Employed, worked part-time 210 19.9
    Unemployed, looking for work 42 4.0
    Employed, away from work 30 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 81 12.2
    Technicians & trades workers 122 18.4
    Clerical & administrative workers 78 11.7
    Machinery operators & drivers 75 11.3
    Labourers 122 18.4
    Others 186 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 34 11.3
    Infants/Primary 124 41.3
    Secondary 73 24.3
    Technical or Further Educational Institution 38 12.7
    University or other Tertiary Institutions 22 7.3
    Others 9 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1283 96.4
    Semi-detached, row or terrace house, townhouse 33 2.5
    Flat, unit or apartment 12 0.9
    House or flat attached to a shop, office 3 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 250 50.3
    Fully owned 153 30.8
    Rented 88 17.7
    Other tenure type 6 1.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals