Suburb Profile Report for Taylors Hill VIC (3037)

Taylors Hill House: Median price $690,000, Annual capital growth 8.08%, Number of sales 145, Weekly median advertised rent $425

Taylors Hill Unit: Median price $485,000, Annual capital growth 19.05%, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Taylors Hill have tracked close to the VIC average of 10.47% over the last 12 months.

While Taylors Hill,3037 ranked number 484th in VIC for increase in median house value (annualised) increase, it is ranked 406th over the last 5 years.

Our latest figures would indicate that property sellers in Taylors Hill are currently offering property investors an average price cut of -3.72% below the asking price at the moment.

A $425 per week rent on the median house gives suburb investors a gross yield of circa 3.20%, without taking into account capital value appreciation, which has been averaging out at 8.08%.

At number 39th in the list of Australian suburbs ordered by increase in median house value over the last year, Taylors Hill, 3037 is in the top 10% with a property value increase of 30.38% recorded in median house prices.

Taylors Hill,3037 was ranked 566 in Australia by increase in median property value over the quarter.

Situated 21.34km from the CBD, Taylors Hill is one of Melton localities in the postcode 3037.

Metrics i HOUSE UNIT
$690,000 $485,000
0.22% 1.78%
11.29% 30.38%
8.08% 19.05%
$425 N/A
145 13
3.20% N/A
51.02 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 11783
Median household income ($/weekly) 1654
Median age of persons 30
Median housing loan repayment ($/monthly) 2167
Average household size 3.4
  • Census Count Percent(%)
    0-4 years 1410 12.0
    5-14 years 1972 16.7
    25-34 years 2336 19.8
    35-44 years 2232 18.9
    45-54 years 1218 10.3
    Others 2617 22.2
    Age Group
    Census Count Percent(%)
    Registered Married 5257 65.0
    Not Married 2366 29.3
    Defacto Relationship 465 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 7361 64.6
    Indonesia 543 4.8
    Philippines 312 2.7
    Viet Nam 311 2.7
    Other 881 7.7
    Others 1980 17.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 645 5.8
    Christianity 7907 70.6
    Hinduism 401 3.6
    Islam 744 6.6
    No Religion 1209 10.8
    Others 289 2.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 285 9.2
    $1,250-$1,499 325 10.4
    $1,500-$1,999 562 18.1
    $2,000-$2,499 510 16.4
    $2,500-$2,999 322 10.4
    Others 1107 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3748 46.1
    Not in the labour force 2269 27.9
    Employed, worked part-time 1430 17.6
    Employed, away from work 374 4.6
    Unemployed, looking for work 314 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 912 16.4
    Technicians & trades workers 831 15.0
    Clerical & administrative workers 982 17.7
    Sales 589 10.6
    Machinery operators & drivers 563 10.1
    Others 1673 30.1
    Occupation
    Census Count Percent(%)
    Pre-school 343 11.1
    Infants/Primary 1271 41.2
    Secondary 822 26.7
    Technical or Further Educational Institution 196 6.4
    University or other Tertiary Institutions 343 11.1
    Others 109 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10691 93.0
    Semi-detached, row or terrace house, townhouse 784 6.8
    Flat, unit or apartment 20 0.2
    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 2346 69.8
    Fully owned 608 18.1
    Rented 338 10.1
    Other tenure type 68 2.0
    Tenure Type
Census 2011, ABS
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