Suburb Profile Report for Cape Woolamai VIC (3925)

Cape Woolamai House: Median price $375,000, Annual capital growth 4.82%, Number of sales 57, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Cape Woolamai is an average performer in VIC when comparing median price capital growth over the last year. Cape Woolamai gave property investors a average capital gain figure when compared to the rest of the state, with 9.17%.

Comparing Cape Woolamai,3925 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Cape Woolamai is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 278th in terms of most discounted suburbs in VIC

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

HOUSE UNIT
$375,000 N/A
0.40% N/A
9.17% N/A
4.82% N/A
$300 N/A
57 N/A
4.16% N/A
121.73 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (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