Suburb Profile Report for St Andrews Beach VIC (3941)

St Andrews Beach House: Median price $790,000, Annual capital growth 9.42%, Number of sales 47, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 9.78% which means that St Andrews Beach, 3941 has done well for property investors by showing a capital gain of 26.15% over the last year

Comparing St Andrews Beach,3941 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in St Andrews Beach 3941 should be seeing an average reduction in asking price of around -6.79% . This means that St Andrews Beach is holding prices well when compared to other suburbs in VIC.

Often selling an investment property can take time, and in St Andrews Beach the average time real estate has been on the market is 61.12 days.

Using the current median advertised rental of $395 and the average annual increase in value of a median property of 9.42%, investors should hope to achieve an overall return of 2.60%

Metrics i HOUSE UNIT
$790,000 N/A
3.61% N/A
26.15% N/A
9.42% N/A
$395 N/A
47 N/A
2.60% N/A
61.12 N/A

Source: CoreLogic

DSR Score for property investment : 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