Suburb Profile Report for Seabrook VIC (3028)

Seabrook House: Median price $643,000, Annual capital growth 8.08%, Number of sales 89, Weekly median advertised rent $388

Seabrook Unit: Median price $448,000, Annual capital growth 5.99%, Number of sales 13, Weekly median advertised rent $315

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 379th in the list of Australian suburbs ordered by increase in median house value over the last year, Seabrook, 3028 is in the top 10% with a property value increase of 19.41% recorded in median house prices.

The five-year average increase in median property values for Seabrook,3028 has given property investors a potential capital gain of 60.75% across each of those five years.

Seabrook, 3028 is offering VIC ‘s 545th 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.

Often selling an investment property can take time, and in Seabrook the average time real estate has been on the market is 31.04 days.

With the median price for a house in Seabrook being $643000 and the advertised rent reaching $387.5 the gross rental yield for property investors calculates out to be 3.13%

Seabrook is in the TOP 30% in VIC when comparing median price capital growth over the last year. Seabrook gave property investors a good capital gain figure when compared to the rest of the state, with 15.76%.

While Seabrook,3028 ranked number 93th in VIC for increase in median house value (annualised) increase, it is ranked 75th over the last 5 years.

Advertised rents are around the $315 mark per week – giving a return of 3.66% based on the median price in Suburb

Metrics i HOUSE UNIT
$643,000 $448,000
1.58% 4.19%
19.41% 15.76%
8.08% 5.99%
$388 $315
89 13
3.13% 3.66%
31.04 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4973
Median household income ($/weekly) 1445
Median age of persons 35
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 770 15.5
    25-34 years 629 12.6
    35-44 years 936 18.8
    45-54 years 777 15.6
    55-64 years 476 9.6
    Others 1385 27.9
    Age Group
    Census Count Percent(%)
    Registered Married 1931 54.0
    Not Married 1346 37.6
    Defacto Relationship 299 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3195 67.6
    Croatia 79 1.7
    Indonesia 171 3.6
    United Kingdom 172 3.6
    Other 284 6.0
    Others 828 17.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 160 3.5
    Christianity 2995 65.4
    Hinduism 148 3.2
    Islam 277 6.0
    No Religion 942 20.6
    Others 59 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 145 10.1
    $1,250-$1,499 153 10.7
    $1,500-$1,999 235 16.4
    $2,000-$2,499 181 12.6
    $2,500-$2,999 133 9.3
    Others 589 41.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1617 44.6
    Not in the labour force 1064 29.3
    Employed, worked part-time 689 19.0
    Employed, away from work 135 3.7
    Unemployed, looking for work 124 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 252 10.3
    Professionals 384 15.7
    Technicians & trades workers 379 15.5
    Clerical & administrative workers 442 18.1
    Labourers 250 10.2
    Others 734 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 92 7.1
    Infants/Primary 490 37.7
    Secondary 382 29.4
    Technical or Further Educational Institution 92 7.1
    University or other Tertiary Institutions 200 15.4
    Others 43 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4548 95.9
    Semi-detached, row or terrace house, townhouse 179 3.8
    Flat, unit or apartment 17 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 794 49.9
    Fully owned 501 31.5
    Rented 290 18.2
    Other tenure type 5 0.3
    Tenure Type
Census 2011, ABS
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