Suburb Profile Report for Warneet VIC (3980)

Warneet House: Median price $390,000, Annual capital growth 4.09%, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 7.68% which means that Warneet, 3980 has done well for property investors by showing a capital gain of 2.63% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Warneet has increased when compared to the 5 year average annual rate.

Vendor discounting in Warneet is giving property investors an average Vendor Discount of around -5.88%. This puts suburb at number 271th in VIC when ranking the most discounted suburbs.

Situated 54.80km from the CBD, Warneet is one of Casey localities in the postcode 3980.

HOUSE UNIT
$390,000 N/A
-3.35% N/A
2.63% N/A
4.09% N/A
N/A N/A
15 N/A
N/A N/A
63.9 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 465
Median household income ($/weekly) 1030
Median age of persons 42
Median housing loan repayment ($/monthly) 1369
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 53 11.4
    25-34 years 64 13.8
    35-44 years 72 15.5
    45-54 years 73 15.7
    55-64 years 82 17.6
    Others 121 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 155 42.2
    Not Married 148 40.3
    Defacto Relationship 64 17.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 360 81.3
    New Zealand 8 1.8
    Papua New Guinea 26 5.9
    United Kingdom 32 7.2
    Other 11 2.5
    Others 6 1.4
    Country of Birth
    Census Count Percent(%)
    Christianity 226 55.4
    No Religion 178 43.6
    Other Religious Groups 4 1.0
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 20 11.2
    $600-$799 22 12.4
    $1,000-$1,249 26 14.6
    $1,250-$1,499 22 12.4
    $1,500-$1,999 26 14.6
    Others 62 34.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 144 38.5
    Not in the labour force 126 33.7
    Employed, worked part-time 79 21.1
    Employed, away from work 13 3.5
    Unemployed, looking for work 12 3.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 29 12.6
    Technicians & trades workers 50 21.6
    Clerical & administrative workers 32 13.9
    Machinery operators & drivers 30 13.0
    Labourers 30 13.0
    Others 60 26.0
    Occupation
    Census Count Percent(%)
    Pre-school 8 9.6
    Infants/Primary 32 38.6
    Secondary 25 30.1
    Technical or Further Educational Institution 11 13.3
    University or other Tertiary Institutions 4 4.8
    Others 3 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 445 99.3
    Flat, unit or apartment 3 0.7
    Semi-detached, row or terrace house, townhouse 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 113 57.7
    Fully owned 49 25.0
    Rented 34 17.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals