Suburb Profile Report for Carlton North VIC (3054)

Carlton North House: Median price $1,503,750, Annual capital growth 7.08%, Number of sales 80, Weekly median advertised rent $660

Carlton North Unit: Median price $569,500, Annual capital growth 2.90%, Number of sales 14, Weekly median advertised rent $478

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 3.71% for the last year, Carlton North, 3054 is the 1083th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Carlton North has increased when compared to the 5 year average annual rate.

Vendor discounting in Carlton North is giving property investors an average Vendor Discount of around -6.84%. This puts suburb at number 279th in VIC when ranking the most discounted suburbs.

On average over the past year, suburb has had 6.67 sales per month, which equates to 80 per year.

Advertised rents are around the $660 mark per week – giving a return of 2.28% based on the median price in Suburb

With a capital gain of -13.71% for the last 12 months, Carlton North, 3054 has performed for property investments than its average annual 2.90% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Carlton North comes in at number 237th in VIC.

Metrics i HOUSE UNIT
$1,503,750 $569,500
0.59% 2.61%
3.71% -13.71%
7.08% 2.90%
$660 $478
80 14
2.28% 4.36%
72.3823529411765 38.8571428571429

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 6219
Median household income ($/weekly) 1764
Median age of persons 31
Median housing loan repayment ($/monthly) 2400
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 857 13.8
    25-34 years 1834 29.5
    35-44 years 921 14.8
    45-54 years 639 10.3
    55-64 years 543 8.7
    Others 1426 22.9
    Age Group
    Census Count Percent(%)
    Not Married 2887 56.5
    Registered Married 1391 27.2
    Defacto Relationship 828 16.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4332 73.4
    Japan 176 3.0
    Papua New Guinea 197 3.3
    United Kingdom 292 5.0
    Other 243 4.1
    Others 658 11.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 149 2.7
    Christianity 2363 42.7
    Islam 74 1.3
    Judaism 50 0.9
    No Religion 2846 51.4
    Others 58 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 198 8.4
    $1,500-$1,999 285 12.1
    $2,000-$2,499 229 9.7
    $2,500-$2,999 331 14.1
    $4,000 or more 193 8.2
    Others 1115 47.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2488 46.8
    Employed, worked part-time 1271 23.9
    Not in the labour force 1173 22.1
    Employed, away from work 208 3.9
    Unemployed, looking for work 178 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 551 13.9
    Professionals 1868 47.0
    Community & personal service workers 365 9.2
    Clerical & administrative workers 471 11.9
    Sales 279 7.0
    Others 437 11.0
    Occupation
    Census Count Percent(%)
    Pre-school 77 4.8
    Infants/Primary 238 14.7
    Secondary 164 10.1
    Technical or Further Educational Institution 127 7.8
    University or other Tertiary Institutions 958 59.2
    Others 54 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 4426 75.5
    Flat, unit or apartment 950 16.2
    Separate house 419 7.1
    House or flat attached to a shop, office 68 1.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1386 53.3
    Fully owned 742 28.5
    Being purchased 458 17.6
    Other tenure type 14 0.5
    Tenure Type
Census 2011, ABS
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