Suburb Profile Report for Crib Point VIC (3919)

Crib Point House: Median price $377,500, Annual capital growth 5.46%, Number of sales 66, Weekly median advertised rent $335

Crib Point Unit: Median price $292,500, Annual capital growth 3.80%, Number of sales 36, Weekly median advertised rent $298

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

Source: CoreLogic

  • House Report
  • Unit Report

Crib Point has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.69% to date .

Crib Point,3919 has offered an average of 12.69% return per annum in house price rises to property investors over the last three years.

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 Crib Point, 3919. Typically our figures indicate that -6.68% is being offered, which puts this VIC suburb at 1435th most discounted overall in Australia.

At number 1968 in a list of fastest selling suburbs, Crib Point is just in the bottom half of suburbs in Australia with an average of days on market 82.28 for properties listed there.

Property investors should expect to get $335 weekly from the median priced house in this suburb.

At number 970th in the list of Australian suburbs ordered by increase in median house value over the last year, Crib Point, 3919 is in the BOTTOM 50% with a property value increase of 1.83% recorded in median house prices.

Crib Point,3919 was ranked 711 in Australia by increase in median property value over the quarter.

Crib Point, 3919 is offering VIC ‘s 239th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this VIC.

Advertised rents are around the $297.5 mark per week – giving a return of 5.29% based on the median price in Suburb

HOUSE UNIT
$377,500 $292,500
5.89% 0.86%
12.69% 1.83%
5.46% 3.80%
$335 $298
66 36
4.61% 5.29%
82.28 102.94

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2839
Median household income ($/weekly) 1060
Median age of persons 36
Median housing loan repayment ($/monthly) 1437
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 391 13.8
    25-34 years 323 11.4
    35-44 years 441 15.5
    45-54 years 454 16.0
    55-64 years 344 12.1
    Others 886 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 900 44.4
    Not Married 820 40.5
    Defacto Relationship 307 15.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2287 86.6
    New Zealand 16 0.6
    Papua New Guinea 35 1.3
    United Kingdom 204 7.7
    Other 25 0.9
    Others 74 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1471 60.0
    No Religion 929 37.9
    Buddhism 33 1.3
    Other Religious Groups 16 0.7
    Judaism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 102 11.2
    $600-$799 116 12.7
    $800-$999 94 10.3
    $1,000-$1,249 123 13.5
    $1,500-$1,999 124 13.6
    Others 353 38.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 813 38.6
    Not in the labour force 677 32.1
    Employed, worked part-time 432 20.5
    Employed, away from work 103 4.9
    Unemployed, looking for work 81 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 130 9.6
    Technicians & trades workers 318 23.6
    Community & personal service workers 166 12.3
    Clerical & administrative workers 150 11.1
    Labourers 204 15.1
    Others 382 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 53 8.5
    Infants/Primary 244 39.4
    Secondary 179 28.9
    Technical or Further Educational Institution 74 11.9
    University or other Tertiary Institutions 53 8.5
    Others 17 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2427 91.9
    Flat, unit or apartment 183 6.9
    Semi-detached, row or terrace house, townhouse 27 1.0
    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 499 49.5
    Fully owned 278 27.6
    Rented 226 22.4
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals