Suburb Profile Report for Nunawading VIC (3131)

Nunawading House: Median price $1,060,500, Annual capital growth 8.56%, Number of sales 105, Weekly median advertised rent $440

Nunawading Unit: Median price $684,000, Annual capital growth 7.29%, Number of sales 78, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 7.94% for the last year, Nunawading, 3131 is the 1646th highest performer in Australia in this respect.

While Nunawading,3131 ranked number 540th in VIC for increase in median house value (annualised) increase, it is ranked 63th over the last 5 years.

The most recent median price for Nunawading is $1060500, with sellers offering an average of -3.97% off the asking price.

Property investors should expect to get $440 weekly from the median priced house in this suburb.

Over the last year, property investments in Nunawading, 3131 have given investors a capital gain of 2.75%. This compares badly with the 8.36% 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 Nunawading has increased when compared to the 5 year average annual rate.

Property buyers and investors in Nunawading 3131 should be seeing an average reduction in asking price of around -2.08% . This means that Nunawading is holding prices well when compared to other suburbs in VIC.

Property investors should expect to get $395 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,060,500 $684,000
-0.05% -6.33%
7.94% 2.75%
8.56% 7.29%
$440 $395
105 78
2.16% 3.00%
47.68 88.32

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 10945
Median household income ($/weekly) 1280
Median age of persons 37
Median housing loan repayment ($/monthly) 1950
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1291 11.8
    25-34 years 1710 15.6
    35-44 years 1811 16.5
    45-54 years 1353 12.4
    55-64 years 1048 9.6
    Others 3733 34.1
    Age Group
    Census Count Percent(%)
    Registered Married 4291 52.8
    Not Married 3289 40.5
    Defacto Relationship 546 6.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 6968 66.6
    Croatia 587 5.6
    Indonesia 351 3.4
    United Kingdom 397 3.8
    Other 577 5.5
    Others 1586 15.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 575 5.8
    Christianity 5923 59.4
    Hinduism 285 2.9
    Islam 161 1.6
    No Religion 2871 28.8
    Others 159 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 340 9.1
    $600-$799 344 9.2
    $1,000-$1,249 358 9.6
    $1,500-$1,999 484 13.0
    $2,000-$2,499 368 9.9
    Others 1832 49.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3262 38.4
    Not in the labour force 2964 34.9
    Employed, worked part-time 1697 20.0
    Employed, away from work 299 3.5
    Unemployed, looking for work 270 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 582 11.1
    Professionals 1534 29.2
    Technicians & trades workers 701 13.3
    Clerical & administrative workers 819 15.6
    Sales 485 9.2
    Others 1135 21.6
    Occupation
    Census Count Percent(%)
    Pre-school 231 9.0
    Infants/Primary 857 33.5
    Secondary 584 22.8
    Technical or Further Educational Institution 239 9.3
    University or other Tertiary Institutions 525 20.5
    Others 126 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8213 79.9
    Flat, unit or apartment 1304 12.7
    Semi-detached, row or terrace house, townhouse 747 7.3
    House or flat attached to a shop, office 9 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1433 36.3
    Fully owned 1406 35.6
    Rented 1085 27.5
    Other tenure type 27 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals