Suburb Profile Report for St Andrews Beach VIC (3941)

St Andrews Beach House: Median price $750,000, Annual capital growth 9.86%, Number of sales 50, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in St Andrews Beach, 3941 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 33.93%.

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

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in St Andrews Beach, 3941. Typically our figures indicate that -6.81% is being offered, which puts this VIC suburb at 1315th most discounted overall in Australia.

Using the current median advertised rental of $410 and the average annual increase in value of a median property of 9.86%, investors should hope to achieve an overall return of 2.84%

Metrics i HOUSE UNIT
$750,000 N/A
8.70% N/A
33.93% N/A
9.86% N/A
$410 N/A
50 N/A
2.84% N/A
58.47 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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