Suburb Profile Report for Bairnsdale VIC (3875)

Bairnsdale House: Median price $265,000, Annual capital growth 2.69%, Number of sales 182, Weekly median advertised rent $280

Bairnsdale Unit: Median price $239,500, Annual capital growth 2.87%, Number of sales 19, Weekly median advertised rent $240

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 5.58% for the last 12 months, Bairnsdale, 3875 has performed for property investments than its average annual 2.69% property growth over the last 5 years.

A 15.22% growth in median value for property investors in Bairnsdale,3875 puts this suburb at number 618th in terms of best performing suburbs in VIC

Sellers are offering property buyers an average discount of -5.74% to buyers in Bairnsdale at the moment, which is less than average for the rest of VIC.

Often selling an investment property can take time, and in Bairnsdale the average time real estate has been on the market is 105.37 days.

With the median price for a house in Bairnsdale being $265000 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.49%

Property value increases in Bairnsdale have tracked close to the VIC average of 5.66% over the last 12 months.

Bairnsdale,3875 has offered an average of 4.13% return per annum in house price rises to property investors over the last three years.

Bairnsdale is 49th on a list of best yielding suburbs for rents in VIC with a 5.21% return

Metrics i HOUSE UNIT
$265,000 $239,500
-1.49% 2.35%
5.58% 4.13%
2.69% 2.87%
$280 $240
182 19
5.49% 5.21%
105.37 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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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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Recent sales & rentals