Suburb Profile Report for Crib Point VIC (3919)

Crib Point House: Median price $430,000, Annual capital growth 6.94%, Number of sales 75, Weekly median advertised rent $360

Crib Point Unit: Median price $290,000, Annual capital growth 3.14%, Number of sales 39, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 26.47% for the last 12 months, Crib Point, 3919 has performed for property investments than its average annual 6.94% property growth over the last 5 years.

A 32.31% growth in median value for property investors in Crib Point,3919 puts this suburb at number 270th in terms of best performing suburbs in VIC

At number 275th of VIC’s most discounted properties, Crib Point is in the middle of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Crib Point the average time real estate has been on the market is 68.09 days.

Property investors should expect to get $360 weekly from the median priced house in this suburb.

VIC has seen average median house prices change by 4.28% which means that Crib Point, 3919 has done well for property investors by showing a capital gain of -1.69% over the last year

The five-year average increase in median property values for Crib Point,3919 has given property investors a potential capital gain of 1.75% across each of those five years.

Crib Point, 3919 is offering VIC ‘s 205th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.

Metrics i HOUSE UNIT
$430,000 $290,000
3.37% N/A
26.47% -1.69%
6.94% 3.14%
$360 $300
75 39
4.35% 5.38%
68.09 80.05

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Crib Point VIC
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
Chart Table
Recent sales & rentals