Suburb Profile Report for Longford VIC (3851)

Longford House: Median price $322,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

Source: CoreLogic

  • House Report

When looking at the potential capital gains offered to property investors over the last 3 years, Longford comes in at number 354th in VIC.

Property buyers and investors in Longford 3851 should be seeing an average reduction in asking price of around -7.03% . This means that Longford is holding prices well when compared to other suburbs in VIC.

On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.

HOUSE UNIT
$322,500 N/A
N/A N/A
N/A N/A
N/A N/A
N/A N/A
10 N/A
N/A N/A
104 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 1333
Median household income ($/weekly) 1292
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 212 15.9
    25-34 years 114 8.5
    35-44 years 210 15.7
    45-54 years 213 16.0
    55-64 years 213 16.0
    Others 372 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 565 61.6
    Not Married 271 29.6
    Defacto Relationship 81 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1154 89.9
    Greece 8 0.6
    Japan 5 0.4
    Netherlands 6 0.5
    United Kingdom 71 5.5
    Others 40 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 872 71.2
    No Religion 347 28.3
    Buddhism 5 0.4
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 32 8.4
    $400-$599 32 8.4
    $600-$799 36 9.4
    $1,500-$1,999 55 14.4
    $2,000-$2,499 33 8.7
    Others 193 50.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 391 39.6
    Not in the labour force 304 30.8
    Employed, worked part-time 200 20.2
    Employed, away from work 63 6.4
    Unemployed, looking for work 30 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 93 14.4
    Professionals 112 17.3
    Technicians & trades workers 149 23.0
    Community & personal service workers 68 10.5
    Clerical & administrative workers 68 10.5
    Others 158 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 25 7.7
    Infants/Primary 141 43.4
    Secondary 104 32.0
    Technical or Further Educational Institution 33 10.2
    University or other Tertiary Institutions 13 4.0
    Others 9 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1216 99.8
    Caravan, cabin, houseboat 3 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 219 49.2
    Fully owned 179 40.2
    Rented 47 10.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals