Suburb Profile Report for Port Albert VIC (3971)

Port Albert House: Median price $227,500, Annual capital growth -2.57%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 8.96% which means that Port Albert, 3971 has done well for property investors by showing a capital gain of 9.64% over the last year

If we look at median property appreciation over just the last three months, Port Albert has given property investors a paper return of 7.95%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in VIC

In the last year 10 properties changed hands in Port Albert, which puts it as the 727th most active market in VIC when comparing the number of sales per suburb.

Situated 178.63km from the CBD, Port Albert is one of Wellington localities in the postcode 3971.

Metrics i HOUSE UNIT
$227,500 N/A
7.95% N/A
9.64% N/A
-2.57% N/A
N/A N/A
10 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 248
Median household income ($/weekly) 608
Median age of persons 57
Median housing loan repayment ($/monthly) 997
Average household size 1.9
  • Census Count Percent(%)
    35-44 years 18 7.3
    45-54 years 34 13.8
    55-64 years 73 29.6
    65-74 years 39 15.8
    75-84 years 18 7.3
    Others 65 26.3
    Age Group
    Census Count Percent(%)
    Not Married 84 42.6
    Registered Married 80 40.6
    Defacto Relationship 33 16.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 199 84.7
    Greece 6 2.6
    New Zealand 6 2.6
    Papua New Guinea 3 1.3
    United Kingdom 15 6.4
    Others 6 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 149 70.3
    No Religion 57 26.9
    Buddhism 6 2.8
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 10 9.6
    $300-$399 16 15.4
    $400-$599 15 14.4
    $600-$799 11 10.6
    $800-$999 17 16.3
    Others 35 33.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 122 57.3
    Employed, worked full-time 50 23.5
    Employed, worked part-time 28 13.1
    Employed, away from work 10 4.7
    Unemployed, looking for work 3 1.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 9 10.3
    Technicians & trades workers 16 18.4
    Clerical & administrative workers 9 10.3
    Machinery operators & drivers 9 10.3
    Labourers 20 23.0
    Others 24 27.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 13 48.1
    Secondary 8 29.6
    Pre-school 3 11.1
    University or other Tertiary Institutions 3 11.1
    Technical or Further Educational Institution 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 198 88.0
    Flat, unit or apartment 13 5.8
    Semi-detached, row or terrace house, townhouse 7 3.1
    House or flat attached to a shop, office 7 3.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 55 48.2
    Rented 36 31.6
    Being purchased 23 20.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals