Suburb Profile Report for Bairnsdale VIC (3875)

Bairnsdale House: Median price $267,500, Annual capital growth 2.60%, Number of sales 180, Weekly median advertised rent $280

Bairnsdale Unit: Median price $233,000, Annual capital growth 2.39%, Number of sales 31, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report
  • Unit Report

VIC has seen average median house prices change by 9.78% which means that Bairnsdale, 3875 has done well for property investors by showing a capital gain of 9.18% over the last year

While Bairnsdale,3875 ranked number 271th in VIC for increase in median house value (annualised) increase, it is ranked 492th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Bairnsdale is offering property investors an average of -5.71. This rate of discount on properties puts Suburb at number 291th in terms of most discounted suburbs in VIC

In the last year 180 properties changed hands in Bairnsdale, which puts it as the 137th most active market in VIC when comparing the number of sales per suburb.

Bairnsdale, 3875 ranked 217th in VIC when comparing growth in median property values or capital gain over the last 12 months. Bairnsdale is one of 2098 in our list for VIC

If we look at median property appreciation over just the last three months, Bairnsdale has given property investors a paper return of 4.72%. This puts Suburb as 71 on a list of fastest fasting appreciating suburbs in VIC

Sellers are offering property buyers an average discount of -6.04% to buyers in Bairnsdale at the moment, which is less than average for the rest of VIC.

Situated 233.74km from the CBD, Bairnsdale is one of East Gippsland localities in the postcode 3875.

Metrics i HOUSE UNIT
$267,500 $233,000
3.68% 4.72%
9.18% 3.10%
2.60% 2.39%
$280 $245
180 31
5.44% 5.47%
116.52 97.11

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 7237
Median household income ($/weekly) 762
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 843 11.6
    35-44 years 783 10.8
    45-54 years 912 12.6
    55-64 years 898 12.4
    65-74 years 771 10.7
    Others 3031 41.9
    Age Group
    Census Count Percent(%)
    Not Married 2536 48.1
    Registered Married 2162 41.0
    Defacto Relationship 575 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6221 90.4
    Greece 45 0.7
    Papua New Guinea 54 0.8
    United Kingdom 253 3.7
    Other 62 0.9
    Others 249 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.6
    Christianity 4397 67.6
    Hinduism 21 0.3
    Other Religious Groups 27 0.4
    No Religion 2010 30.9
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 362 13.1
    $400-$599 483 17.5
    $600-$799 365 13.2
    $800-$999 289 10.4
    $1,000-$1,249 269 9.7
    Others 999 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2609 45.9
    Employed, worked full-time 1604 28.2
    Employed, worked part-time 1065 18.7
    Employed, away from work 209 3.7
    Unemployed, looking for work 198 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 449 15.6
    Technicians & trades workers 439 15.3
    Community & personal service workers 340 11.8
    Sales 331 11.5
    Labourers 401 13.9
    Others 916 31.8
    Occupation
    Census Count Percent(%)
    Pre-school 120 8.7
    Infants/Primary 526 37.9
    Secondary 416 30.0
    Technical or Further Educational Institution 182 13.1
    University or other Tertiary Institutions 92 6.6
    Others 51 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5801 87.1
    Flat, unit or apartment 715 10.7
    Semi-detached, row or terrace house, townhouse 99 1.5
    Caravan, cabin, houseboat 36 0.5
    House or flat attached to a shop, office 11 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1182 39.6
    Rented 997 33.4
    Being purchased 793 26.6
    Other tenure type 13 0.4
    Tenure Type
Census 2011, ABS
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