Suburb Profile Report for Mallacoota VIC (3892)

Mallacoota House: Median price $352,500, Annual capital growth 3.97%, Number of sales 38, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Mallacoota has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.02%

Comparing Mallacoota,3892 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Mallacoota, 3892. Typically our figures indicate that -8.95% is being offered, which puts this VIC suburb at 445th most discounted overall in Australia.

Often selling an investment property can take time, and in Mallacoota the average time real estate has been on the market is 169.66 days.

Metrics i HOUSE UNIT
$352,500 N/A
8.46% N/A
11.02% N/A
3.97% N/A
N/A N/A
38 N/A
N/A N/A
169.66 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (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
Chart Table
Recent sales & rentals