Suburb Profile Report for Warneet VIC (3980)

Warneet House: Median price $390,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If we look at median property appreciation over just the last three months, Warneet has given property investors a paper return of 6.85%. This puts Suburb as 54 on a list of fastest fasting appreciating suburbs in VIC

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Warneet itself are offering an average vendor discount of -6.07% to real estate investors.

At number 529 in a list of fastest selling suburbs, Warneet is in the TOP 20% of suburbs in Australia with an average of days on market 50.1 for properties listed there.

Metrics i HOUSE UNIT
$390,000 N/A
6.85% N/A
N/A N/A
N/A N/A
N/A N/A
13 N/A
N/A N/A
50.1 N/A

Source: CoreLogic

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