Suburb Profile Report for Hadfield VIC (3046)

Hadfield House: Median price $746,500, Annual capital growth 7.81%, Number of sales 68, Weekly median advertised rent $395

Hadfield Unit: Median price $485,000, Annual capital growth 6.68%, Number of sales 39, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Hadfield 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 10.59%

While Hadfield,3046 ranked number 566th in VIC for increase in median house value (annualised) increase, it is ranked 167th over the last 5 years.

Hadfield, 3046 is offering VIC ‘s 596th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.

Residents and property investors in Hadfield have been waiting around 49.96 days to sell a property.

Investment property in Hadfield 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 7.78%

Hadfield,3046 has offered an average of 7.78% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -5.54% to buyers in Hadfield at the moment, which is less than average for the rest of VIC.

Using the current median advertised rental of $365 and the average annual increase in value of a median property of 6.68%, investors should hope to achieve an overall return of 3.91%

Metrics i HOUSE UNIT
$746,500 $485,000
-1.78% 4.86%
10.59% 7.78%
7.81% 6.68%
$395 $365
68 39
2.75% 3.91%
49.96 34.14

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Hadfield VIC
Demographics
Total population 5366
Median household income ($/weekly) 914
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 623 11.6
    25-34 years 719 13.4
    35-44 years 715 13.3
    45-54 years 655 12.2
    65-74 years 546 10.2
    Others 2108 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 2071 51.5
    Not Married 1752 43.5
    Defacto Relationship 202 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3183 64.4
    Japan 430 8.7
    Malaysia 178 3.6
    Netherlands 132 2.7
    Other 260 5.3
    Others 760 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 67 1.4
    Christianity 3333 68.3
    Hinduism 42 0.9
    Islam 922 18.9
    No Religion 489 10.0
    Others 25 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 173 10.0
    $400-$599 269 15.5
    $600-$799 191 11.0
    $800-$999 179 10.3
    $1,500-$1,999 206 11.9
    Others 720 41.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1893 46.6
    Employed, worked full-time 1307 32.2
    Employed, worked part-time 610 15.0
    Employed, away from work 140 3.4
    Unemployed, looking for work 115 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 286 13.9
    Technicians & trades workers 369 18.0
    Clerical & administrative workers 329 16.0
    Sales 229 11.1
    Machinery operators & drivers 228 11.1
    Others 613 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 68 6.5
    Infants/Primary 364 35.0
    Secondary 323 31.1
    Technical or Further Educational Institution 104 10.0
    University or other Tertiary Institutions 145 14.0
    Others 35 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4442 89.0
    Semi-detached, row or terrace house, townhouse 322 6.5
    Flat, unit or apartment 212 4.2
    House or flat attached to a shop, office 10 0.2
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 913 48.3
    Being purchased 534 28.3
    Rented 435 23.0
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals