Suburb Profile Report for Devon Meadows VIC (3977)

Devon Meadows House: Median price $382,500, Annual capital growth 5.19%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 854th in the list of Australian suburbs ordered by increase in median house value over the last year, Devon Meadows, 3977 is in the top 30% with a property value increase of 14.18% recorded in median house prices.

The five-year average increase in median property values for Devon Meadows,3977 has given property investors a potential capital gain of 22.79% across each of those five years.

HOUSE UNIT
$382,500 N/A
N/A N/A
14.18% N/A
5.19% N/A
N/A N/A
12 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 1606
Median household income ($/weekly) 1336
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 3
  • Census Count Percent(%)
    5-14 years 215 13.4
    35-44 years 218 13.6
    45-54 years 252 15.7
    55-64 years 236 14.7
    65-74 years 151 9.4
    Others 534 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 683 56.0
    Not Married 446 36.6
    Defacto Relationship 90 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1240 80.5
    Hong Kong 20 1.3
    New Zealand 26 1.7
    United Kingdom 82 5.3
    Other 40 2.6
    Others 132 8.6
    Country of Birth
    Census Count Percent(%)
    Christianity 961 65.6
    No Religion 427 29.1
    Islam 36 2.5
    Buddhism 35 2.4
    Other Religious Groups 6 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 48 10.7
    $1,000-$1,249 45 10.1
    $1,250-$1,499 39 8.7
    $1,500-$1,999 64 14.3
    $2,000-$2,499 57 12.8
    Others 194 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 514 41.3
    Not in the labour force 416 33.4
    Employed, worked part-time 227 18.2
    Employed, away from work 64 5.1
    Unemployed, looking for work 24 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 120 14.9
    Technicians & trades workers 195 24.2
    Clerical & administrative workers 143 17.7
    Machinery operators & drivers 75 9.3
    Labourers 89 11.0
    Others 184 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 23 6.4
    Infants/Primary 137 38.4
    Secondary 117 32.8
    Technical or Further Educational Institution 36 10.1
    University or other Tertiary Institutions 34 9.5
    Others 10 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1557 99.8
    Improvised home, tent, sleepers out 3 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 229 44.8
    Fully owned 212 41.5
    Rented 64 12.5
    Other tenure type 6 1.2
    Tenure Type
Census 2011, ABS
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