Suburb Profile Report for Hillside VIC (3037)

Hillside House: Median price $631,500, Annual capital growth 7.67%, Number of sales 194, Weekly median advertised rent $390

Hillside Unit: Median price $430,000, Annual capital growth 5.99%, Number of sales 28, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Hillside, 3037 ranked 220th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hillside is one of 2098 in our list for VIC

A 48.59% growth in median value for property investors in Hillside,3037 puts this suburb at number 270th in terms of best performing suburbs in VIC

Sellers are offering property buyers an average discount of -4.07% to buyers in Hillside at the moment, which is less than average for the rest of VIC.

Residents and property investors in Hillside have been waiting around 56.04 days to sell a property.

Hillside, 3037 ranked 221th in VIC when comparing growth in median property values or capital gain over the last 12 months. Hillside is one of 2098 in our list for VIC

The five-year average increase in median property values for Hillside,3037 has given property investors a potential capital gain of 27.98% across each of those five years.

Property investors looking for a bargain in Hillside should be aiming for at least -2.68% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $360 mark per week – giving a return of 4.35% based on the median price in Suburb

Metrics i HOUSE UNIT
$631,500 $430,000
2.23% -1.15%
15.24% 6.44%
7.67% 5.99%
$390 $360
194 28
3.21% 4.35%
56.04 36.57

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 16326
Median household income ($/weekly) 1610
Median age of persons 32
Median housing loan repayment ($/monthly) 1885
Average household size 3.3
  • Census Count Percent(%)
    0-4 years 1437 8.8
    5-14 years 2995 18.3
    25-34 years 2417 14.8
    35-44 years 3215 19.7
    45-54 years 2121 13.0
    Others 4141 25.4
    Age Group
    Census Count Percent(%)
    Registered Married 6681 59.1
    Not Married 3929 34.8
    Defacto Relationship 687 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 11281 72.2
    Indonesia 521 3.3
    Japan 284 1.8
    Netherlands 305 2.0
    Other 836 5.3
    Others 2400 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 338 2.2
    Christianity 11766 77.0
    Hinduism 324 2.1
    Islam 753 4.9
    No Religion 1874 12.3
    Others 235 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 402 9.3
    $1,250-$1,499 453 10.5
    $1,500-$1,999 788 18.3
    $2,000-$2,499 671 15.6
    $2,500-$2,999 396 9.2
    Others 1597 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 5335 46.7
    Not in the labour force 2942 25.8
    Employed, worked part-time 2270 19.9
    Employed, away from work 504 4.4
    Unemployed, looking for work 370 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 885 10.9
    Professionals 1152 14.2
    Technicians & trades workers 1394 17.2
    Clerical & administrative workers 1489 18.4
    Sales 902 11.1
    Others 2285 28.2
    Occupation
    Census Count Percent(%)
    Pre-school 408 8.8
    Infants/Primary 1955 42.0
    Secondary 1338 28.8
    Technical or Further Educational Institution 298 6.4
    University or other Tertiary Institutions 513 11.0
    Others 141 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 14199 90.1
    Semi-detached, row or terrace house, townhouse 1185 7.5
    Flat, unit or apartment 382 2.4
    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 2929 62.0
    Fully owned 1073 22.7
    Rented 705 14.9
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
Chart Table
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