Suburb Profile Report for Smiths Beach VIC (3922)

Smiths Beach House: Median price $465,050, Annual capital growth 7.55%, Number of sales 28, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 10.43% which means that Smiths Beach, 3922 has done well for property investors by showing a capital gain of 3.92% over the last year

Over the longer term, Smiths Beach has seen property prices show investors a 26.83% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Smiths Beach should be aiming for at least -5.37% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Smiths Beach have been waiting around 91.58 days to sell a property.

Metrics i HOUSE UNIT
$465,050 N/A
-2.61% N/A
3.92% N/A
7.55% N/A
N/A N/A
28 N/A
N/A N/A
91.58 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 225
Median household income ($/weekly) 820
Median age of persons 39
Median housing loan repayment ($/monthly) 1192
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 26 11.5
    25-34 years 23 10.1
    45-54 years 36 15.9
    55-64 years 41 18.1
    65-74 years 26 11.5
    Others 75 33.0
    Age Group
    Census Count Percent(%)
    Registered Married 75 48.4
    Not Married 62 40.0
    Defacto Relationship 18 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 182 86.7
    Greece 3 1.4
    Italy 3 1.4
    Sri Lanka 6 2.9
    United Kingdom 10 4.8
    Others 6 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 123 61.8
    No Religion 66 33.2
    Other Religious Groups 4 2.0
    Buddhism 3 1.5
    Judaism 3 1.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 6 8.8
    $300-$399 6 8.8
    $400-$599 13 19.1
    $600-$799 11 16.2
    $1,500-$1,999 11 16.2
    Others 21 30.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 69 37.3
    Employed, worked full-time 55 29.7
    Employed, worked part-time 50 27.0
    Employed, away from work 6 3.2
    Unemployed, looking for work 5 2.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 16 14.8
    Technicians & trades workers 25 23.1
    Community & personal service workers 17 15.7
    Sales 11 10.2
    Labourers 12 11.1
    Others 27 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 3 5.5
    Infants/Primary 13 23.6
    Secondary 18 32.7
    Technical or Further Educational Institution 9 16.4
    University or other Tertiary Institutions 9 16.4
    Others 3 5.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 200 100.0
    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 38 47.5
    Being purchased 24 30.0
    Rented 18 22.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals