Suburb Profile Report for Maidstone VIC (3012)

Maidstone House: Median price $801,000, Annual capital growth 6.43%, Number of sales 89, Weekly median advertised rent $420

Maidstone Unit: Median price $465,000, Annual capital growth 3.03%, Number of sales 75, Weekly median advertised rent $400

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

Investment property in Maidstone 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 8.25%

When looking at the potential capital gains offered to property investors over the last 3 years, Maidstone comes in at number 323th in VIC.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Maidstone, 3012. Typically our figures indicate that -4.72% is being offered, which puts this VIC suburb at 2795th most discounted overall in Australia.

Advertised rents are around the $420 mark per week – giving a return of 2.73% based on the median price in Suburb

Property value increases in Maidstone have tracked lower than the VIC average of 6.03% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Maidstone comes in at number 303th in VIC.

At number 130th of VIC’s most discounted properties, Maidstone is in the middle of the state/territory when listing in order of most discounted to least.

Maidstone is 102th on a list of best yielding suburbs for rents in VIC with a 4.47% return

Metrics i HOUSE UNIT
$801,000 $465,000
1.39% -2.52%
8.25% -10.58%
6.43% 3.03%
$420 $400
89 75
2.73% 4.47%
47.78 45.06

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 7749
Median household income ($/weekly) 1149
Median age of persons 32
Median housing loan repayment ($/monthly) 1903
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 753 9.7
    20-24 years 903 11.7
    25-34 years 1664 21.5
    35-44 years 1209 15.6
    45-54 years 831 10.7
    Others 2388 30.8
    Age Group
    Census Count Percent(%)
    Not Married 2821 51.5
    Registered Married 2162 39.5
    Defacto Relationship 494 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3506 49.6
    Croatia 298 4.2
    Indonesia 262 3.7
    Viet Nam 1178 16.7
    Other 651 9.2
    Others 1179 16.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 1111 16.5
    Christianity 3334 49.6
    Hinduism 189 2.8
    Islam 478 7.1
    No Religion 1512 22.5
    Others 93 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 246 10.6
    $800-$999 198 8.5
    $1,000-$1,249 219 9.4
    $1,500-$1,999 308 13.2
    $2,000-$2,499 215 9.2
    Others 1145 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2282 38.4
    Employed, worked full-time 2158 36.3
    Employed, worked part-time 936 15.8
    Unemployed, looking for work 340 5.7
    Employed, away from work 225 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 758 22.9
    Technicians & trades workers 387 11.7
    Community & personal service workers 346 10.4
    Clerical & administrative workers 503 15.2
    Sales 325 9.8
    Others 997 30.1
    Occupation
    Census Count Percent(%)
    Infants/Primary 449 23.3
    Secondary 371 19.3
    Technical or Further Educational Institution 218 11.3
    University or other Tertiary Institutions 666 34.6
    Other type of educational institution 119 6.2
    Others 100 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4508 66.5
    Semi-detached, row or terrace house, townhouse 1664 24.5
    Flat, unit or apartment 593 8.7
    House or flat attached to a shop, office 14 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1057 42.3
    Being purchased 779 31.2
    Fully owned 645 25.8
    Other tenure type 15 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals