Suburb Profile Report for Lynbrook VIC (3975)

Lynbrook House: Median price $550,000, Annual capital growth 6.11%, Number of sales 85, Weekly median advertised rent $400

  • 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 Lynbrook, 3975 has done well for property investors by showing a capital gain of 3.77% over the last year

A 34.15% growth in median value for property investors in Lynbrook,3975 puts this suburb at number 493th in terms of best performing suburbs in VIC

Lynbrook, 3975 is offering VIC ‘s 565th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 6.11%, investors should hope to achieve an overall return of 3.78%

Metrics i HOUSE UNIT
$550,000 N/A
0.92% N/A
3.77% N/A
6.11% N/A
$400 N/A
85 N/A
3.78% N/A
56.22 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 6771
Median household income ($/weekly) 1612
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 678 10.0
    5-14 years 1134 16.7
    25-34 years 1086 16.0
    35-44 years 1285 19.0
    45-54 years 861 12.7
    Others 1728 25.5
    Age Group
    Census Count Percent(%)
    Registered Married 2793 60.8
    Not Married 1533 33.4
    Defacto Relationship 269 5.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 3305 50.7
    Indonesia 658 10.1
    Papua New Guinea 199 3.1
    Sri Lanka 336 5.2
    Other 755 11.6
    Others 1268 19.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 589 9.3
    Christianity 3484 54.9
    Hinduism 440 6.9
    Islam 546 8.6
    No Religion 1107 17.5
    Others 176 2.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 189 11.3
    $1,250-$1,499 180 10.7
    $1,500-$1,999 331 19.7
    $2,000-$2,499 275 16.4
    $2,500-$2,999 136 8.1
    Others 568 33.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2252 47.7
    Not in the labour force 1335 28.3
    Employed, worked part-time 773 16.4
    Unemployed, looking for work 179 3.8
    Employed, away from work 178 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 472 14.7
    Technicians & trades workers 504 15.7
    Clerical & administrative workers 516 16.1
    Machinery operators & drivers 394 12.3
    Labourers 373 11.6
    Others 945 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 171 9.3
    Infants/Primary 719 39.0
    Secondary 492 26.7
    Technical or Further Educational Institution 187 10.1
    University or other Tertiary Institutions 219 11.9
    Others 57 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6273 97.6
    Semi-detached, row or terrace house, townhouse 141 2.2
    Flat, unit or apartment 14 0.2
    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 1331 72.2
    Fully owned 256 13.9
    Rented 252 13.7
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals