Suburb Profile Report for Surf Beach VIC (3922)

Surf Beach House: Median price $430,000, Annual capital growth 5.76%, Number of sales 21, Weekly median advertised rent $245

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

Source: CoreLogic

  • House Report

Surf Beach is in the TOP 10% in VIC when comparing median price capital growth over the last year. Surf Beach gave property investors a very good capital gain figure when compared to the rest of the state, with 22.16%.

If we look at median property appreciation over just the last three months, Surf Beach has given property investors a paper return of 11.27%. This puts Suburb as 28 on a list of fastest fasting appreciating suburbs in VIC

Our latest figures would indicate that property sellers in Surf Beach are currently offering property investors an average price cut of -5.17% below the asking price at the moment.

Often selling an investment property can take time, and in Surf Beach the average time real estate has been on the market is 129.75 days.

Situated 82.18km from the CBD, Surf Beach is one of Bass Coast localities in the postcode 3922.

HOUSE UNIT
$430,000 N/A
11.27% N/A
22.16% N/A
5.76% N/A
$245 N/A
21 N/A
2.96% N/A
129.75 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 696
Median household income ($/weekly) 996
Median age of persons 41
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 98 14.1
    25-34 years 92 13.2
    35-44 years 117 16.8
    45-54 years 95 13.7
    55-64 years 101 14.5
    Others 192 27.6
    Age Group
    Census Count Percent(%)
    Registered Married 229 48.5
    Not Married 159 33.7
    Defacto Relationship 84 17.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 536 82.2
    Papua New Guinea 13 2.0
    United Kingdom 47 7.2
    United States of America 10 1.5
    Other 10 1.5
    Others 36 5.5
    Country of Birth
    Census Count Percent(%)
    Christianity 328 53.9
    No Religion 264 43.3
    Buddhism 14 2.3
    Australian Aboriginal Traditional Religions 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 27 10.9
    $600-$799 31 12.5
    $800-$999 31 12.5
    $1,000-$1,249 28 11.3
    $1,500-$1,999 34 13.7
    Others 97 39.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 175 34.9
    Employed, worked full-time 171 34.1
    Employed, worked part-time 136 27.1
    Unemployed, looking for work 11 2.2
    Employed, away from work 9 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 47 14.6
    Professionals 68 21.1
    Technicians & trades workers 64 19.8
    Community & personal service workers 36 11.1
    Labourers 37 11.5
    Others 71 22.0
    Occupation
    Census Count Percent(%)
    Pre-school 24 16.4
    Infants/Primary 60 41.1
    Secondary 33 22.6
    Technical or Further Educational Institution 11 7.5
    University or other Tertiary Institutions 15 10.3
    Others 3 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 622 99.2
    Semi-detached, row or terrace house, townhouse 5 0.8
    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(%)
    Being purchased 104 38.8
    Fully owned 96 35.8
    Rented 68 25.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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