Suburb Profile Report for Cape Paterson VIC (3995)

Cape Paterson House: Median price $390,250, Annual capital growth 4.47%, Number of sales 50, Weekly median advertised rent $258

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

Source: CoreLogic

  • House Report

Investment property in Cape Paterson has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.12%

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

Vendor discounting in Cape Paterson is giving property investors an average Vendor Discount of around -6.02%. This puts suburb at number 210th in VIC when ranking the most discounted suburbs.

Using the current median advertised rental of $257.5 and the average annual increase in value of a median property of 4.47%, investors should hope to achieve an overall return of 3.43%

Metrics i HOUSE UNIT
$390,250 N/A
5.33% N/A
13.12% N/A
4.47% N/A
$258 N/A
50 N/A
3.43% N/A
111.36 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (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