Suburb Profile Report for Mallacoota VIC (3892)

Mallacoota House: Median price $325,000, Annual capital growth 3.06%, Number of sales 23, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 18.83% for the last 12 months, Mallacoota, 3892 has performed for property investments than its average annual 3.06% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Mallacoota,3892 has racked up an average of 18.83% over the period. This ranks it number 2771th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Mallacoota 3892 should be seeing an average reduction in asking price of around -11.49% . This means that Mallacoota is holding prices well when compared to other suburbs in VIC.

HOUSE UNIT
$325,000 N/A
1.56% N/A
18.83% N/A
3.06% N/A
N/A N/A
23 N/A
N/A N/A
212.25 N/A

Source: CoreLogic

DSR Score for property investment : Poor (H), Below average (U)
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Demographics
Total population 1031
Median household income ($/weekly) 662
Median age of persons 54
Median housing loan repayment ($/monthly) 1395
Average household size 2
  • Census Count Percent(%)
    5-14 years 103 10.0
    35-44 years 96 9.3
    45-54 years 156 15.1
    55-64 years 237 23.0
    65-74 years 153 14.8
    Others 287 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 373 48.0
    Not Married 308 39.6
    Defacto Relationship 96 12.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 830 83.2
    Greece 15 1.5
    Papua New Guinea 15 1.5
    United Kingdom 70 7.0
    Other 20 2.0
    Others 48 4.8
    Country of Birth
    Census Count Percent(%)
    No Religion 458 49.0
    Christianity 444 47.5
    Buddhism 15 1.6
    Other Religious Groups 15 1.6
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 55 13.2
    $400-$599 86 20.6
    $600-$799 60 14.4
    $800-$999 52 12.4
    $1,000-$1,249 37 8.9
    Others 128 30.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 429 50.2
    Employed, worked full-time 184 21.5
    Employed, worked part-time 183 21.4
    Unemployed, looking for work 34 4.0
    Employed, away from work 25 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 59 15.1
    Professionals 51 13.0
    Technicians & trades workers 67 17.1
    Community & personal service workers 50 12.8
    Labourers 66 16.9
    Others 98 25.1
    Occupation
    Census Count Percent(%)
    Pre-school 11 6.7
    Infants/Primary 75 46.0
    Secondary 48 29.4
    Technical or Further Educational Institution 10 6.1
    University or other Tertiary Institutions 15 9.2
    Others 4 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 696 75.3
    Flat, unit or apartment 189 20.5
    Caravan, cabin, houseboat 26 2.8
    House or flat attached to a shop, office 13 1.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 265 57.5
    Being purchased 100 21.7
    Rented 93 20.2
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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