Suburb Profile Report for Bittern VIC (3918)

Bittern House: Median price $465,000, Annual capital growth 6.67%, Number of sales 49, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Bittern, 3918 have given investors a capital gain of 21.57%. This compares very favourably with the 8.12% for VIC as a whole.

Across a shorter period, Bittern, 3918 has seen a median price increase of 0.49% over the last quarter.

Our latest figures would indicate that property sellers in Bittern are currently offering property investors an average price cut of -3.19% below the asking price at the moment.

Property investors should expect to get $380 weekly from the median priced house in this suburb.

HOUSE UNIT
$465,000 N/A
0.49% N/A
21.57% N/A
6.67% N/A
$380 N/A
49 N/A
4.25% N/A
40.44 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 3378
Median household income ($/weekly) 1284
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 540 16.0
    25-34 years 328 9.7
    35-44 years 522 15.5
    45-54 years 554 16.4
    55-64 years 391 11.6
    Others 1043 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 1336 55.3
    Not Married 801 33.2
    Defacto Relationship 279 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2753 85.3
    New Zealand 27 0.8
    Papua New Guinea 34 1.1
    United Kingdom 304 9.4
    Other 28 0.9
    Others 80 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1814 59.7
    No Religion 1174 38.7
    Other Religious Groups 22 0.7
    Buddhism 20 0.7
    Judaism 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 107 10.4
    $1,000-$1,249 105 10.2
    $1,250-$1,499 111 10.8
    $1,500-$1,999 163 15.8
    $2,000-$2,499 103 10.0
    Others 440 42.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 993 39.3
    Not in the labour force 807 32.0
    Employed, worked part-time 550 21.8
    Employed, away from work 91 3.6
    Unemployed, looking for work 84 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 178 10.9
    Professionals 215 13.2
    Technicians & trades workers 379 23.2
    Clerical & administrative workers 210 12.9
    Sales 187 11.5
    Others 464 28.4
    Occupation
    Census Count Percent(%)
    Pre-school 63 7.4
    Infants/Primary 344 40.3
    Secondary 263 30.8
    Technical or Further Educational Institution 98 11.5
    University or other Tertiary Institutions 68 8.0
    Others 17 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3039 95.9
    Flat, unit or apartment 97 3.1
    Semi-detached, row or terrace house, townhouse 29 0.9
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 641 57.0
    Fully owned 343 30.5
    Rented 135 12.0
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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