Suburb Profile Report for Ventnor VIC (3922)

Ventnor House: Median price $420,000, Annual capital growth 4.49%, Number of sales 48, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report

Ventnor is in the bottom 20% in VIC when comparing median price capital growth over the last year. Ventnor gave property investors a dismal capital gain figure when compared to the rest of the state, with 0.00%.

While Ventnor,3922 ranked number 497th in VIC for increase in median house value (annualised) increase, it is ranked 441th over the last 5 years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Ventnor itself are offering an average vendor discount of -8.38% to real estate investors.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

HOUSE UNIT
$420,000 N/A
0.00% N/A
0.00% N/A
4.49% N/A
$290 N/A
48 N/A
3.59% N/A
116.41 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 836
Median household income ($/weekly) 939
Median age of persons 51
Median housing loan repayment ($/monthly) 1400
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 73 8.7
    35-44 years 86 10.3
    45-54 years 124 14.8
    55-64 years 175 20.9
    65-74 years 110 13.2
    Others 268 32.1
    Age Group
    Census Count Percent(%)
    Registered Married 349 56.9
    Not Married 196 32.0
    Defacto Relationship 68 11.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 643 82.5
    Greece 12 1.5
    Papua New Guinea 11 1.4
    United Kingdom 59 7.6
    Other 21 2.7
    Others 33 4.2
    Country of Birth
    Census Count Percent(%)
    Christianity 431 58.8
    No Religion 279 38.1
    Buddhism 11 1.5
    Islam 6 0.8
    Judaism 6 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 27 9.5
    $400-$599 39 13.8
    $600-$799 31 11.0
    $800-$999 39 13.8
    $1,500-$1,999 30 10.6
    Others 117 41.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 272 40.1
    Employed, worked full-time 195 28.8
    Employed, worked part-time 161 23.7
    Employed, away from work 25 3.7
    Unemployed, looking for work 25 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 72 19.2
    Professionals 57 15.2
    Technicians & trades workers 64 17.1
    Clerical & administrative workers 44 11.7
    Sales 42 11.2
    Others 96 25.6
    Occupation
    Census Count Percent(%)
    Pre-school 8 6.3
    Infants/Primary 45 35.4
    Secondary 46 36.2
    Technical or Further Educational Institution 15 11.8
    University or other Tertiary Institutions 8 6.3
    Others 5 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 731 99.6
    Caravan, cabin, houseboat 3 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 141 45.5
    Being purchased 102 32.9
    Rented 63 20.3
    Other tenure type 4 1.3
    Tenure Type
Census 2011, ABS
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