Suburb Profile Report for Mallacoota VIC (3892)

Mallacoota House: Median price $320,000, Annual capital growth 2.21%, Number of sales 25, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Mallacoota has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.87% to date .

Across a shorter period, Mallacoota, 3892 has seen a median price increase of 0.79% over the last quarter.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Mallacoota itself are offering an average vendor discount of -9.93% to real estate investors.

HOUSE UNIT
$320,000 N/A
0.79% N/A
12.87% N/A
2.21% N/A
N/A N/A
25 N/A
N/A N/A
201 N/A

Source: CoreLogic

DSR Score for property investment : Below average (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
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