Suburb Profile Report for Seddon VIC (3011)

Seddon House: Median price $960,000, Annual capital growth 6.42%, Number of sales 82, Weekly median advertised rent $540

Seddon Unit: Median price $642,500, Annual capital growth 7.59%, Number of sales 19, Weekly median advertised rent $405

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -4.00% for the last year, Seddon, 3011 is the 2996th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Seddon comes in at number 618th in VIC.

Seddon, 3011 is offering VIC ‘s 467th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

The VIC suburb of Seddon, 3011 is in the Maribyrnong (C) local government area.

Property investors who have had real estate in Seddon, 3011 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 19.26%

Taking the average capital gain, or increase in median house value, Seddon,3011 has racked up an average of 19.26% over the period. This ranks it number 65th in the whole country for real estate investors looking at median house price increases.

At number 32 in a list of fastest selling suburbs, Seddon is in the TOP 10% of suburbs in Australia with an average of days on market 35.1667 for properties listed there.

Advertised rents are around the $405 mark per week – giving a return of 3.28% based on the median price in Suburb

Metrics i HOUSE UNIT
$960,000 $642,500
1.32% -10.73%
-4.00% 19.26%
6.42% 7.59%
$540 $405
82 19
2.93% 3.28%
48.2903225806452 35.1666666666667

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4851
Median household income ($/weekly) 1561
Median age of persons 35
Median housing loan repayment ($/monthly) 2077
Average household size 2.4
  • Census Count Percent(%)
    0-4 years 428 8.8
    5-14 years 389 8.0
    25-34 years 1081 22.3
    35-44 years 976 20.1
    45-54 years 699 14.4
    Others 1277 26.3
    Age Group
    Census Count Percent(%)
    Not Married 1618 43.6
    Registered Married 1463 39.4
    Defacto Relationship 633 17.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3045 66.3
    Papua New Guinea 124 2.7
    United Kingdom 187 4.1
    Viet Nam 259 5.6
    Other 268 5.8
    Others 708 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 291 6.6
    Christianity 2041 46.6
    Hinduism 106 2.4
    Islam 118 2.7
    No Religion 1760 40.2
    Others 60 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 146 8.2
    $1,250-$1,499 152 8.6
    $1,500-$1,999 203 11.5
    $2,000-$2,499 195 11.0
    $2,500-$2,999 208 11.7
    Others 867 49.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1805 47.3
    Not in the labour force 981 25.7
    Employed, worked part-time 742 19.4
    Employed, away from work 164 4.3
    Unemployed, looking for work 127 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 389 14.3
    Professionals 943 34.7
    Technicians & trades workers 276 10.2
    Community & personal service workers 233 8.6
    Clerical & administrative workers 376 13.8
    Others 498 18.3
    Occupation
    Census Count Percent(%)
    Pre-school 72 7.2
    Infants/Primary 263 26.2
    Secondary 154 15.3
    Technical or Further Educational Institution 136 13.5
    University or other Tertiary Institutions 321 31.9
    Others 59 5.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3596 78.4
    Flat, unit or apartment 564 12.3
    Semi-detached, row or terrace house, townhouse 383 8.4
    House or flat attached to a shop, office 43 0.9
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 724 37.8
    Being purchased 719 37.6
    Fully owned 460 24.0
    Other tenure type 10 0.5
    Tenure Type
Census 2011, ABS
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