Suburb Profile Report for Pearcedale VIC (3912)

Pearcedale House: Median price $542,000, Annual capital growth 8.18%, Number of sales 39, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Pearcedale, 3912 have given investors a capital gain of 15.20%. This compares very favourably with the 8.27% for VIC as a whole.

If we look at median property appreciation over just the last three months, Pearcedale has given property investors a paper return of 4.23%. This puts Suburb as 128 on a list of fastest fasting appreciating suburbs in VIC

Property buyers and investors in Pearcedale 3912 should be seeing an average reduction in asking price of around -4.85% . This means that Pearcedale is holding prices well when compared to other suburbs in VIC.

With the median price for a house in Pearcedale being $542000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.84%

Metrics i HOUSE UNIT
$542,000 N/A
4.23% N/A
15.20% N/A
8.18% N/A
$400 N/A
39 N/A
3.84% N/A
61.9 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 3870
Median household income ($/weekly) 1396
Median age of persons 39
Median housing loan repayment ($/monthly) 1700
Average household size 3
  • Census Count Percent(%)
    5-14 years 573 14.8
    25-34 years 353 9.1
    35-44 years 596 15.4
    45-54 years 639 16.5
    55-64 years 524 13.5
    Others 1185 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 1545 53.6
    Not Married 1044 36.2
    Defacto Relationship 292 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3222 86.1
    Japan 28 0.7
    Papua New Guinea 42 1.1
    United Kingdom 255 6.8
    Other 49 1.3
    Others 147 3.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.7
    Christianity 2328 66.4
    Islam 7 0.2
    Other Religious Groups 10 0.3
    No Religion 1134 32.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 96 8.8
    $1,000-$1,249 119 10.9
    $1,250-$1,499 118 10.8
    $1,500-$1,999 179 16.3
    $2,000-$2,499 127 11.6
    Others 457 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1252 42.0
    Not in the labour force 842 28.3
    Employed, worked part-time 673 22.6
    Employed, away from work 132 4.4
    Unemployed, looking for work 80 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 231 11.2
    Professionals 244 11.9
    Technicians & trades workers 444 21.6
    Clerical & administrative workers 303 14.7
    Labourers 236 11.5
    Others 598 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 53 5.3
    Infants/Primary 362 36.1
    Secondary 367 36.6
    Technical or Further Educational Institution 92 9.2
    University or other Tertiary Institutions 96 9.6
    Others 33 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3689 99.7
    Semi-detached, row or terrace house, townhouse 4 0.1
    Caravan, cabin, houseboat 3 0.1
    House or flat attached to a shop, office 3 0.1
    Flat, unit or apartment 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 656 53.6
    Fully owned 429 35.1
    Rented 131 10.7
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals