Suburb Profile Report for Loch Sport VIC (3851)

Loch Sport House: Median price $175,000, Annual capital growth 1.55%, Number of sales 117, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 514th in the list of Australian suburbs ordered by increase in median house value over the last year, Loch Sport, 3851 is in the top 20% with a property value increase of 14.94% recorded in median house prices.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Loch Sport has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Loch Sport is offering property investors an average of -6.00. This rate of discount on properties puts Suburb at number 121th in terms of most discounted suburbs in VIC

In the last year 117 properties changed hands in Loch Sport, which puts it as the 219th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Loch Sport, 3851 is in the Wellington local government area.

Metrics i HOUSE UNIT
$175,000 N/A
0.00% N/A
14.94% N/A
1.55% N/A
N/A N/A
117 N/A
N/A N/A
144.2 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 690
Median household income ($/weekly) 505
Median age of persons 61
Median housing loan repayment ($/monthly) 563
Average household size 1.8
  • Census Count Percent(%)
    35-44 years 34 4.9
    45-54 years 83 12.0
    55-64 years 181 26.3
    65-74 years 182 26.4
    75-84 years 79 11.5
    Others 130 18.9
    Age Group
    Census Count Percent(%)
    Registered Married 276 54.0
    Not Married 214 41.9
    Defacto Relationship 21 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 461 72.5
    Greece 21 3.3
    New Zealand 17 2.7
    United Kingdom 79 12.4
    Other 14 2.2
    Others 44 6.9
    Country of Birth
    Census Count Percent(%)
    Christianity 423 70.4
    No Religion 168 28.0
    Buddhism 7 1.2
    Other Religious Groups 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 20 6.7
    $300-$399 70 23.3
    $400-$599 77 25.7
    $600-$799 37 12.3
    $800-$999 32 10.7
    Others 64 21.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 443 75.1
    Employed, worked full-time 53 9.0
    Employed, worked part-time 53 9.0
    Employed, away from work 21 3.6
    Unemployed, looking for work 20 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 13 10.2
    Technicians & trades workers 17 13.3
    Community & personal service workers 31 24.2
    Clerical & administrative workers 13 10.2
    Labourers 19 14.8
    Others 35 27.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 24 40.7
    Secondary 13 22.0
    Technical or Further Educational Institution 6 10.2
    University or other Tertiary Institutions 7 11.9
    Other type of educational institution 6 10.2
    Others 3 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 479 85.8
    Semi-detached, row or terrace house, townhouse 73 13.1
    Flat, unit or apartment 3 0.5
    House or flat attached to a shop, office 3 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 182 60.5
    Being purchased 70 23.3
    Rented 45 15.0
    Other tenure type 4 1.3
    Tenure Type
Census 2011, ABS
Chart Table
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