Suburb Profile Report for Cape Paterson VIC (3995)

Cape Paterson House: Median price $350,000, Annual capital growth 2.47%, Number of sales 51, Weekly median advertised rent $270

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

Source: CoreLogic

  • House Report

Cape Paterson has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 2.94% to date .

The five-year average increase in median property values for Cape Paterson,3995 has given property investors a potential capital gain of -13.04% across each of those five years.

The most recent median price for Cape Paterson is $350000, with sellers offering an average of -6.81% off the asking price.

At number 3226 in a list of fastest selling suburbs, Cape Paterson is in the bottom 20% of suburbs in Australia with an average of days on market 123.71 for properties listed there.

Advertised rents are around the $270 mark per week – giving a return of 4.01% based on the median price in Suburb

HOUSE UNIT
$350,000 N/A
0.00% N/A
2.94% N/A
2.47% N/A
$270 N/A
51 N/A
4.01% N/A
123.71 N/A

Source: CoreLogic

DSR Score for property investment : Below average (U), Balanced (H)
Find a mortgage broker in Cape Paterson VIC
Demographics
Total population 718
Median household income ($/weekly) 1027
Median age of persons 48
Median housing loan repayment ($/monthly) 1187
Average household size 2.2
  • Census Count Percent(%)
    25-34 years 74 10.3
    35-44 years 90 12.5
    45-54 years 97 13.5
    55-64 years 104 14.5
    65-74 years 114 15.9
    Others 239 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 273 50.7
    Not Married 200 37.2
    Defacto Relationship 65 12.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 581 84.1
    Japan 7 1.0
    Papua New Guinea 14 2.0
    United Kingdom 42 6.1
    Other 11 1.6
    Others 36 5.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 6 0.9
    Christianity 420 63.2
    Hinduism 6 0.9
    Islam 6 0.9
    No Religion 224 33.7
    Others 3 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 31 11.1
    $600-$799 34 12.1
    $800-$999 31 11.1
    $1,500-$1,999 32 11.4
    $2,500-$2,999 33 11.8
    Others 119 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 253 43.2
    Employed, worked full-time 196 33.5
    Employed, worked part-time 107 18.3
    Employed, away from work 17 2.9
    Unemployed, looking for work 12 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 35 11.0
    Professionals 75 23.6
    Technicians & trades workers 54 17.0
    Community & personal service workers 40 12.6
    Labourers 36 11.3
    Others 78 24.5
    Occupation
    Census Count Percent(%)
    Infants/Primary 48 35.8
    Secondary 40 29.9
    Technical or Further Educational Institution 20 14.9
    University or other Tertiary Institutions 15 11.2
    Pre-school 11 8.2
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 654 97.2
    Semi-detached, row or terrace house, townhouse 10 1.5
    Flat, unit or apartment 5 0.7
    Caravan, cabin, houseboat 4 0.6
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 131 43.7
    Rented 84 28.0
    Being purchased 78 26.0
    Other tenure type 7 2.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals