Suburb Profile Report for Longwarry VIC (3816)

Longwarry House: Median price $330,000, Annual capital growth 5.68%, Number of sales 37, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report

Investment property in Longwarry has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.56%

When looking at the potential capital gains offered to property investors over the last 3 years, Longwarry comes in at number 493th in VIC.

Sellers are offering property buyers an average discount of -2.78% to buyers in Longwarry at the moment, which is less than average for the rest of VIC.

Longwarry, 3816’s gross rental yield is 4.88%

Metrics i HOUSE UNIT
$330,000 N/A
0.84% N/A
2.56% N/A
5.68% N/A
$310 N/A
37 N/A
4.88% N/A
85.55 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (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
Chart Table
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