Suburb Profile Report for St Andrews Beach VIC (3941)

St Andrews Beach House: Median price $611,250, Annual capital growth 7.32%, Number of sales 35, Weekly median advertised rent $350

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 8.13% which means that St Andrews Beach, 3941 has done well for property investors by showing a capital gain of 15.60% over the last year

A 11.14% growth in median value for property investors in St Andrews Beach,3941 puts this suburb at number 546th in terms of best performing suburbs in VIC

St Andrews Beach3941 is located in VIC which offers an average discount of -5.99% to property investors. St Andrews Beach itself is showing figures that indicate -6.17% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of 7.32%, investors should hope to achieve an overall return of 2.98%

HOUSE UNIT
$611,250 N/A
-0.81% N/A
15.60% N/A
7.32% N/A
$350 N/A
35 N/A
2.98% N/A
48.56 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 852
Median household income ($/weekly) 1273
Median age of persons 41
Median housing loan repayment ($/monthly) 1300
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 118 13.8
    25-34 years 74 8.7
    35-44 years 153 18.0
    45-54 years 156 18.3
    55-64 years 128 15.0
    Others 223 26.2
    Age Group
    Census Count Percent(%)
    Registered Married 287 49.7
    Not Married 196 34.0
    Defacto Relationship 94 16.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 686 85.4
    New Zealand 11 1.4
    Papua New Guinea 16 2.0
    United Kingdom 40 5.0
    Other 9 1.1
    Others 41 5.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 3 0.4
    Christianity 411 54.2
    Judaism 3 0.4
    Other Religious Groups 5 0.7
    No Religion 334 44.0
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 33 12.9
    $1,000-$1,249 30 11.8
    $1,500-$1,999 45 17.6
    $2,000-$2,499 24 9.4
    $2,500-$2,999 22 8.6
    Others 101 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 236 37.2
    Not in the labour force 178 28.1
    Employed, worked part-time 165 26.0
    Employed, away from work 45 7.1
    Unemployed, looking for work 10 1.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 60 13.5
    Professionals 94 21.1
    Technicians & trades workers 97 21.8
    Community & personal service workers 50 11.2
    Sales 48 10.8
    Others 96 21.6
    Occupation
    Census Count Percent(%)
    Pre-school 22 10.8
    Infants/Primary 77 37.7
    Secondary 62 30.4
    Technical or Further Educational Institution 14 6.9
    University or other Tertiary Institutions 23 11.3
    Others 6 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 760 100.0
    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 163 54.9
    Fully owned 86 29.0
    Rented 48 16.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals