Suburb Profile Report for Orbost VIC (3888)

Orbost House: Median price $160,000, Annual capital growth 0.73%, Number of sales 49, Weekly median advertised rent $193

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

Source: CoreLogic

  • House Report

Investment property in Orbost has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.40%

When looking at the potential capital gains offered to property investors over the last 3 years, Orbost comes in at number 674th in VIC.

Orbost3888 is located in VIC which offers an average discount of -5.53% to property investors. Orbost itself is showing figures that indicate -9.07% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $192.5 and the average annual increase in value of a median property of 0.73%, investors should hope to achieve an overall return of 6.26%

Metrics i HOUSE UNIT
$160,000 N/A
0.00% N/A
2.40% N/A
0.73% N/A
$193 N/A
49 N/A
6.26% N/A
144.27 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
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Demographics
Total population 2493
Median household income ($/weekly) 683
Median age of persons 44
Median housing loan repayment ($/monthly) 910
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 338 13.6
    35-44 years 293 11.7
    45-54 years 308 12.3
    55-64 years 343 13.8
    65-74 years 318 12.8
    Others 894 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 848 47.6
    Not Married 749 42.1
    Defacto Relationship 183 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2199 92.7
    Japan 21 0.9
    Papua New Guinea 19 0.8
    United Kingdom 70 2.9
    Other 23 1.0
    Others 41 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1333 60.0
    No Religion 857 38.6
    Buddhism 20 0.9
    Other Religious Groups 13 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 154 16.8
    $400-$599 175 19.1
    $600-$799 118 12.9
    $800-$999 101 11.0
    $1,500-$1,999 81 8.9
    Others 286 31.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 956 50.5
    Employed, worked full-time 498 26.3
    Employed, worked part-time 327 17.3
    Employed, away from work 58 3.1
    Unemployed, looking for work 55 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 134 15.3
    Professionals 105 12.0
    Technicians & trades workers 110 12.5
    Community & personal service workers 125 14.3
    Labourers 128 14.6
    Others 275 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 9.1
    Infants/Primary 213 42.0
    Secondary 163 32.1
    Technical or Further Educational Institution 38 7.5
    University or other Tertiary Institutions 37 7.3
    Others 10 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2259 97.5
    Semi-detached, row or terrace house, townhouse 42 1.8
    Flat, unit or apartment 11 0.5
    Caravan, cabin, houseboat 6 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 451 45.6
    Rented 271 27.4
    Being purchased 256 25.9
    Other tenure type 10 1.0
    Tenure Type
Census 2011, ABS
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