Suburb Profile Report for Blind Bight VIC (3980)

Blind Bight House: Median price $455,000, Annual capital growth 6.22%, Number of sales 26, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Investment property in Blind Bight has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.72%

If we look at median property appreciation over just the last three months, Blind Bight has given property investors a paper return of 1.11%. This puts Suburb as 467 on a list of fastest fasting appreciating suburbs in VIC

Sellers are offering property buyers an average discount of -2.95% to buyers in Blind Bight at the moment, which is less than average for the rest of VIC.

Metrics i HOUSE UNIT
$455,000 N/A
1.11% N/A
8.72% N/A
6.22% N/A
N/A N/A
26 N/A
N/A N/A
66.68 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 1237
Median household income ($/weekly) 1443
Median age of persons 35
Median housing loan repayment ($/monthly) 1625
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 185 14.9
    25-34 years 150 12.1
    35-44 years 202 16.3
    45-54 years 192 15.5
    55-64 years 145 11.7
    Others 364 29.4
    Age Group
    Census Count Percent(%)
    Registered Married 467 49.9
    Not Married 342 36.5
    Defacto Relationship 127 13.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1030 86.5
    New Zealand 8 0.7
    Papua New Guinea 16 1.3
    United Kingdom 97 8.1
    Other 12 1.0
    Others 28 2.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 7 0.6
    Christianity 660 58.1
    Hinduism 3 0.3
    Other Religious Groups 10 0.9
    No Religion 453 39.9
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 41 11.1
    $1,000-$1,249 41 11.1
    $1,250-$1,499 40 10.8
    $1,500-$1,999 74 19.9
    $2,000-$2,499 57 15.4
    Others 118 31.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 448 47.5
    Not in the labour force 241 25.6
    Employed, worked part-time 187 19.8
    Employed, away from work 40 4.2
    Unemployed, looking for work 27 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 70 10.4
    Technicians & trades workers 130 19.3
    Clerical & administrative workers 106 15.7
    Machinery operators & drivers 88 13.0
    Labourers 87 12.9
    Others 194 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 16 5.6
    Infants/Primary 113 39.5
    Secondary 91 31.8
    Technical or Further Educational Institution 41 14.3
    Other type of educational institution 14 4.9
    Others 11 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1194 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(%)
    Being purchased 274 65.4
    Fully owned 109 26.0
    Rented 36 8.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals