Suburb Profile Report for Cape Woolamai VIC (3925)

Cape Woolamai House: Median price $385,000, Annual capital growth 5.06%, Number of sales 56, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Investment property in Cape Woolamai has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.24%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cape Woolamai has increased when compared to the 5 year average annual rate.

Property buyers and investors in Cape Woolamai 3925 should be seeing an average reduction in asking price of around -5.48% . This means that Cape Woolamai is holding prices well when compared to other suburbs in VIC.

Metrics i HOUSE UNIT
$385,000 N/A
2.67% N/A
13.24% N/A
5.06% N/A
$300 N/A
56 N/A
4.05% N/A
119.46 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1549
Median household income ($/weekly) 1122
Median age of persons 38
Median housing loan repayment ($/monthly) 1554
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 203 13.1
    25-34 years 212 13.7
    35-44 years 248 16.0
    45-54 years 213 13.8
    55-64 years 202 13.0
    Others 471 30.4
    Age Group
    Census Count Percent(%)
    Registered Married 515 51.6
    Not Married 320 32.1
    Defacto Relationship 163 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1223 85.2
    Greece 13 0.9
    Papua New Guinea 22 1.5
    United Kingdom 74 5.2
    Other 23 1.6
    Others 80 5.6
    Country of Birth
    Census Count Percent(%)
    Christianity 692 52.7
    No Religion 599 45.7
    Buddhism 17 1.3
    Judaism 4 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 62 12.9
    $600-$799 53 11.0
    $1,000-$1,249 53 11.0
    $1,250-$1,499 50 10.4
    $1,500-$1,999 64 13.3
    Others 200 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 417 37.7
    Not in the labour force 365 33.0
    Employed, worked part-time 249 22.5
    Employed, away from work 41 3.7
    Unemployed, looking for work 33 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 135 19.1
    Technicians & trades workers 163 23.1
    Clerical & administrative workers 73 10.3
    Sales 68 9.6
    Labourers 88 12.5
    Others 179 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 36 11.0
    Infants/Primary 128 39.0
    Secondary 93 28.4
    Technical or Further Educational Institution 32 9.8
    University or other Tertiary Institutions 27 8.2
    Others 12 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1331 98.9
    Flat, unit or apartment 15 1.1
    Semi-detached, row or terrace house, townhouse 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 234 43.7
    Fully owned 185 34.5
    Rented 117 21.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals