Suburb Profile Report for Newlands Arm VIC (3875)

Newlands Arm House: Median price $382,000, Annual capital growth N/A, Number of sales 19, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

A 26.28% growth in median value for property investors in Newlands Arm,3875 puts this suburb at number 626th in terms of best performing suburbs in VIC

LACK OF BUYER INTEREST may well be the reason that Newlands Arm is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 586th in terms of most discounted suburbs in VIC

Residents and property investors in Newlands Arm have been waiting around 152.57 days to sell a property.

HOUSE UNIT
$382,000 N/A
-3.29% N/A
N/A N/A
N/A N/A
N/A N/A
19 N/A
N/A N/A
152.57 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 502
Median household income ($/weekly) 868
Median age of persons 59
Median housing loan repayment ($/monthly) 1200
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 49 9.8
    45-54 years 64 12.8
    55-64 years 98 19.6
    65-74 years 139 27.7
    75-84 years 44 8.8
    Others 107 21.4
    Age Group
    Census Count Percent(%)
    Registered Married 282 70.9
    Not Married 94 23.6
    Defacto Relationship 22 5.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 367 76.0
    Greece 7 1.4
    New Zealand 8 1.7
    United Kingdom 81 16.8
    Other 6 1.2
    Others 14 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 291 66.3
    No Religion 142 32.3
    Buddhism 6 1.4
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 31 16.3
    $600-$799 33 17.4
    $800-$999 25 13.2
    $1,000-$1,249 19 10.0
    $1,250-$1,499 22 11.6
    Others 60 31.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 260 59.1
    Employed, worked full-time 94 21.4
    Employed, worked part-time 67 15.2
    Unemployed, looking for work 10 2.3
    Employed, away from work 9 2.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 29 17.1
    Technicians & trades workers 32 18.8
    Community & personal service workers 27 15.9
    Clerical & administrative workers 21 12.4
    Labourers 27 15.9
    Others 34 20.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 28 36.8
    Secondary 22 28.9
    Technical or Further Educational Institution 17 22.4
    Other type of educational institution 6 7.9
    Pre-school 3 3.9
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 457 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 129 63.9
    Being purchased 55 27.2
    Rented 15 7.4
    Other tenure type 3 1.5
    Tenure Type
Census 2011, ABS
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