Suburb Profile Report for Hurstbridge VIC (3099)

Hurstbridge House: Median price $677,500, Annual capital growth 6.46%, Number of sales 38, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Hurstbridge, 3099 have given investors a capital gain of 12.92%. This compares averagely with the 11.63% for VIC as a whole.

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

Property buyers and investors in Hurstbridge 3099 should be seeing an average reduction in asking price of around -3.52% . This means that Hurstbridge is holding prices well when compared to other suburbs in VIC.

Property investors should expect to get $420 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$677,500 N/A
3.44% N/A
12.92% N/A
6.46% N/A
$420 N/A
38 N/A
3.22% N/A
21.83 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3510
Median household income ($/weekly) 1618
Median age of persons 38
Median housing loan repayment ($/monthly) 1733
Average household size 3
  • Census Count Percent(%)
    5-14 years 523 14.9
    25-34 years 344 9.8
    35-44 years 525 15.0
    45-54 years 603 17.2
    55-64 years 481 13.7
    Others 1034 29.5
    Age Group
    Census Count Percent(%)
    Registered Married 1351 52.0
    Not Married 960 37.0
    Defacto Relationship 285 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2996 88.0
    Greece 20 0.6
    Papua New Guinea 43 1.3
    United Kingdom 187 5.5
    Other 53 1.6
    Others 104 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.9
    Christianity 1776 55.1
    Judaism 8 0.2
    Other Religious Groups 22 0.7
    No Religion 1386 43.0
    Others 4 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 92 8.9
    $1,250-$1,499 88 8.5
    $1,500-$1,999 156 15.0
    $2,000-$2,499 151 14.5
    $2,500-$2,999 95 9.1
    Others 457 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1126 41.9
    Employed, worked part-time 693 25.8
    Not in the labour force 680 25.3
    Employed, away from work 118 4.4
    Unemployed, looking for work 72 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 232 12.0
    Professionals 458 23.7
    Technicians & trades workers 355 18.3
    Community & personal service workers 209 10.8
    Clerical & administrative workers 276 14.3
    Others 406 21.0
    Occupation
    Census Count Percent(%)
    Pre-school 83 8.5
    Infants/Primary 337 34.4
    Secondary 288 29.4
    Technical or Further Educational Institution 99 10.1
    University or other Tertiary Institutions 152 15.5
    Others 20 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3336 98.1
    Flat, unit or apartment 54 1.6
    House or flat attached to a shop, office 5 0.1
    Semi-detached, row or terrace house, townhouse 3 0.1
    Caravan, cabin, houseboat 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 627 55.4
    Fully owned 380 33.6
    Rented 124 11.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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