Suburb Profile Report for Grantville VIC (3984)

Grantville House: Median price $272,475, Annual capital growth 5.87%, Number of sales 33, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report

Grantville is an average performer in VIC when comparing median price capital growth over the last year. Grantville gave property investors a good capital gain figure when compared to the rest of the state, with 12.59%.

When looking at the potential capital gains offered to property investors over the last 3 years, Grantville comes in at number 412th in VIC.

Property buyers and investors in Grantville 3984 should be seeing an average reduction in asking price of around -9.75% . This means that Grantville is holding prices well when compared to other suburbs in VIC.

Renters in Suburb are facing rents around $3600 per annum or $300 every week.

Metrics i HOUSE UNIT
$272,475 N/A
2.82% N/A
12.59% N/A
5.87% N/A
$300 N/A
33 N/A
5.73% N/A
125.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 738
Median household income ($/weekly) 686
Median age of persons 48
Median housing loan repayment ($/monthly) 1083
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 82 11.1
    35-44 years 83 11.2
    45-54 years 98 13.3
    55-64 years 145 19.6
    65-74 years 109 14.8
    Others 221 29.9
    Age Group
    Census Count Percent(%)
    Not Married 250 43.6
    Registered Married 248 43.3
    Defacto Relationship 75 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 571 81.7
    New Zealand 10 1.4
    Papua New Guinea 13 1.9
    United Kingdom 53 7.6
    Other 13 1.9
    Others 39 5.6
    Country of Birth
    Census Count Percent(%)
    Christianity 393 59.4
    No Religion 251 37.9
    Buddhism 12 1.8
    Judaism 3 0.5
    Other Religious Groups 3 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 38 12.9
    $400-$599 51 17.3
    $600-$799 45 15.3
    $800-$999 29 9.8
    $1,500-$1,999 22 7.5
    Others 110 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 302 51.4
    Employed, worked full-time 151 25.7
    Employed, worked part-time 93 15.8
    Employed, away from work 22 3.7
    Unemployed, looking for work 19 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 36 13.4
    Technicians & trades workers 47 17.5
    Clerical & administrative workers 28 10.4
    Machinery operators & drivers 35 13.1
    Labourers 43 16.0
    Others 79 29.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 60 52.6
    Secondary 35 30.7
    Pre-school 10 8.8
    Technical or Further Educational Institution 9 7.9
    University or other Tertiary Institutions 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 634 91.5
    Caravan, cabin, houseboat 48 6.9
    Semi-detached, row or terrace house, townhouse 7 1.0
    Flat, unit or apartment 4 0.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 141 44.2
    Being purchased 95 29.8
    Rented 83 26.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals