Suburb Profile Report for Wimbledon Heights VIC (3922)

Wimbledon Heights House: Median price $303,000, Annual capital growth 4.06%, Number of sales 18, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Wimbledon Heights has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.06%

Over the longer term, Wimbledon Heights has seen property prices show investors a 13.27% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Wimbledon Heights is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 366th in terms of most discounted suburbs in VIC

HOUSE UNIT
$303,000 N/A
4.48% N/A
3.06% N/A
4.06% N/A
N/A N/A
18 N/A
N/A N/A
105.69 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 389
Median household income ($/weekly) 978
Median age of persons 34
Median housing loan repayment ($/monthly) 1712
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 57 14.7
    25-34 years 69 17.8
    35-44 years 46 11.9
    45-54 years 54 13.9
    55-64 years 47 12.1
    Others 115 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 118 44.5
    Not Married 107 40.4
    Defacto Relationship 40 15.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 334 90.5
    Malta 3 0.8
    Netherlands 3 0.8
    Papua New Guinea 3 0.8
    United Kingdom 17 4.6
    Others 9 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 174 48.2
    No Religion 171 47.4
    Buddhism 9 2.5
    Other Religious Groups 7 1.9
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 14 10.7
    $400-$599 18 13.7
    $600-$799 19 14.5
    $800-$999 15 11.5
    $1,000-$1,249 17 13.0
    Others 48 36.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 105 36.8
    Not in the labour force 84 29.5
    Employed, worked part-time 70 24.6
    Employed, away from work 19 6.7
    Unemployed, looking for work 7 2.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 22 11.6
    Technicians & trades workers 44 23.2
    Clerical & administrative workers 24 12.6
    Sales 24 12.6
    Labourers 27 14.2
    Others 49 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 11 12.1
    Infants/Primary 30 33.0
    Secondary 28 30.8
    Technical or Further Educational Institution 15 16.5
    University or other Tertiary Institutions 4 4.4
    Others 3 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 365 100.0
    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(%)
    Being purchased 74 52.5
    Fully owned 39 27.7
    Rented 28 19.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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