Suburb Profile Report for Lynbrook VIC (3975)

Lynbrook House: Median price $545,000, Annual capital growth 6.10%, Number of sales 77, Weekly median advertised rent $398

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

Source: CoreLogic

  • House Report

Lynbrook, 3975 ranked 313th in VIC when comparing growth in median property values or capital gain over the last 12 months. Lynbrook is one of 2098 in our list for VIC

Comparing Lynbrook,3975 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Lynbrook is offering property investors an average of -6.03. This rate of discount on properties puts Suburb at number 544th in terms of most discounted suburbs in VIC

In the last year 77 properties changed hands in Lynbrook, which puts it as the 327th most active market in VIC when comparing the number of sales per suburb.

Lynbrook is 299th on a list of best yielding suburbs for rents in VIC with a 3.79% return

HOUSE UNIT
$545,000 N/A
0.00% N/A
9.33% N/A
6.10% N/A
$398 N/A
77 N/A
3.79% N/A
47.51 N/A

Source: CoreLogic

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