Suburb Profile Report for Shoreham VIC (3916)

Shoreham House: Median price $895,000, Annual capital growth 3.84%, Number of sales 14, Weekly median advertised rent $518

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Shoreham, 3916 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 24.31%.

When looking at the potential capital gains offered to property investors over the last 3 years, Shoreham comes in at number 78th in VIC.

Advertised rents are around the $517.5 mark per week – giving a return of 3.01% based on the median price in Suburb

Metrics i HOUSE UNIT
$895,000 N/A
10.02% N/A
24.31% N/A
3.84% N/A
$518 N/A
14 N/A
3.01% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 435
Median household income ($/weekly) 1449
Median age of persons 53
Median housing loan repayment ($/monthly) 1029
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 40 9.2
    45-54 years 68 15.7
    55-64 years 73 16.8
    65-74 years 63 14.5
    75-84 years 42 9.7
    Others 148 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 161 55.9
    Not Married 104 36.1
    Defacto Relationship 23 8.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 344 82.3
    Greece 4 1.0
    Iraq 4 1.0
    United Kingdom 48 11.5
    Other 8 1.9
    Others 10 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 255 63.8
    No Religion 136 34.0
    Hinduism 3 0.8
    Judaism 3 0.8
    Other Religious Groups 3 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 12 9.9
    $800-$999 16 13.2
    $1,500-$1,999 17 14.0
    $2,000-$2,499 13 10.7
    $2,500-$2,999 13 10.7
    Others 50 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 183 50.1
    Employed, worked full-time 88 24.1
    Employed, worked part-time 73 20.0
    Employed, away from work 17 4.7
    Unemployed, looking for work 4 1.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 27 14.9
    Professionals 54 29.8
    Technicians & trades workers 40 22.1
    Community & personal service workers 17 9.4
    Clerical & administrative workers 19 10.5
    Others 24 13.3
    Occupation
    Census Count Percent(%)
    Pre-school 7 8.0
    Infants/Primary 23 26.4
    Secondary 38 43.7
    Technical or Further Educational Institution 6 6.9
    University or other Tertiary Institutions 10 11.5
    Others 3 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 340 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 78 54.2
    Being purchased 44 30.6
    Rented 19 13.2
    Other tenure type 3 2.1
    Tenure Type
Census 2011, ABS
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