Suburb Profile Report for Blind Bight VIC (3980)

Blind Bight House: Median price $450,000, Annual capital growth 6.72%, Number of sales 30, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 9.04% which means that Blind Bight, 3980 has done well for property investors by showing a capital gain of 10.16% over the last year

The five-year average increase in median property values for Blind Bight,3980 has given property investors a potential capital gain of 32.45% across each of those five years.

Sellers are offering property buyers an average discount of -2.94% to buyers in Blind Bight at the moment, which is less than average for the rest of VIC.

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

Renters in Suburb are facing rents around $4140 per annum or $345 every week.

Metrics i HOUSE UNIT
$450,000 N/A
N/A N/A
10.16% N/A
6.72% N/A
$345 N/A
30 N/A
3.99% N/A
60.83 N/A

Source: CoreLogic

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