Suburb Profile Report for Sandy Point VIC (3959)

Sandy Point House: Median price $385,500, Annual capital growth 3.90%, Number of sales 24, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Sandy Point, 3959 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.62%

Taking the average capital gain, or increase in median house value, Sandy Point,3959 has racked up an average of 5.62% over the period. This ranks it number 3141th in the whole country for real estate investors looking at median house price increases.

Sandy Point3959 is located in VIC which offers an average discount of -5.53% to property investors. Sandy Point itself is showing figures that indicate -5.20% is the average achievable by property buyers investing in the suburb.

At number 2860 in a list of fastest selling suburbs, Sandy Point is in the bottom 30% of suburbs in Australia with an average of days on market 104.6 for properties listed there.

Metrics i HOUSE UNIT
$385,500 N/A
5.62% N/A
5.62% N/A
3.90% N/A
N/A N/A
24 N/A
N/A N/A
104.6 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 198
Median household income ($/weekly) 933
Median age of persons 54
Median housing loan repayment ($/monthly) 1950
Average household size 2
  • Census Count Percent(%)
    35-44 years 18 9.1
    45-54 years 26 13.2
    55-64 years 34 17.3
    65-74 years 36 18.3
    75-84 years 17 8.6
    Others 66 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 71 60.2
    Not Married 41 34.7
    Defacto Relationship 6 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 132 83.5
    Greece 6 3.8
    New Zealand 3 1.9
    Papua New Guinea 3 1.9
    United Kingdom 8 5.1
    Others 6 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 71 51.1
    No Religion 65 46.8
    Buddhism 3 2.2
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 6 10.3
    $600-$799 11 19.0
    $800-$999 7 12.1
    $1,000-$1,249 7 12.1
    $1,500-$1,999 10 17.2
    Others 17 29.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 62 46.3
    Employed, worked full-time 36 26.9
    Employed, worked part-time 27 20.1
    Unemployed, looking for work 6 4.5
    Employed, away from work 3 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 13 19.7
    Professionals 20 30.3
    Community & personal service workers 6 9.1
    Clerical & administrative workers 9 13.6
    Sales 6 9.1
    Others 12 18.2
    Occupation
    Census Count Percent(%)
    Secondary 11 36.7
    Infants/Primary 7 23.3
    University or other Tertiary Institutions 6 20.0
    Pre-school 3 10.0
    Other type of educational institution 3 10.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 144 100.0
    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(%)
    Fully owned 44 69.8
    Rented 10 15.9
    Being purchased 9 14.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals