Suburb Profile Report for Vermont VIC (3133)

Vermont House: Median price $900,000, Annual capital growth 7.19%, Number of sales 94, Weekly median advertised rent $460

Vermont Unit: Median price $660,000, Annual capital growth 5.96%, Number of sales 17, Weekly median advertised rent $450

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

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

  • House Report
  • Unit Report

Investment property in Vermont has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.13%

If we look at median property appreciation over just the last three months, Vermont has given property investors a paper return of 0.17%. This puts Suburb as 247 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Vermont is giving property investors an average Vendor Discount of around -8.16%. This puts suburb at number 122th in VIC when ranking the most discounted suburbs.

On average over the past year, suburb has had 7.83 sales per month, which equates to 94 per year.

Renters in Suburb are facing rents around $23920 per annum or $460 every week.

If you compare the increase in value of investment property in Vermont, 3133 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was -2.62%.

Across a shorter period, Vermont, 3133 has seen a median price increase of -2.31% over the last quarter.

Vendor discounting in Vermont is giving property investors an average Vendor Discount of around -5.12%. This puts suburb at number 201th in VIC when ranking the most discounted suburbs.

Vermont is 284th on a list of best yielding suburbs for rents in VIC with a 3.55% return

Metrics i HOUSE UNIT
$900,000 $660,000
0.17% -2.31%
-10.13% -2.62%
7.19% 5.96%
$460 $450
94 17
2.66% 3.55%
54.0983606557377 54.6666666666667

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

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 9901
Median household income ($/weekly) 1385
Median age of persons 40
Median housing loan repayment ($/monthly) 1850
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1309 13.2
    35-44 years 1591 16.1
    45-54 years 1313 13.3
    55-64 years 1134 11.5
    65-74 years 1087 11.0
    Others 3468 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 4309 57.7
    Not Married 2769 37.1
    Defacto Relationship 392 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6928 71.7
    Croatia 309 3.2
    Indonesia 219 2.3
    United Kingdom 433 4.5
    Other 381 3.9
    Others 1398 14.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 433 4.7
    Christianity 5789 62.5
    Hinduism 177 1.9
    Islam 101 1.1
    No Religion 2621 28.3
    Others 134 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 318 9.6
    $1,000-$1,249 299 9.0
    $1,500-$1,999 437 13.2
    $2,000-$2,499 330 9.9
    $2,500-$2,999 333 10.0
    Others 1601 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2950 37.8
    Not in the labour force 2687 34.4
    Employed, worked part-time 1690 21.6
    Employed, away from work 266 3.4
    Unemployed, looking for work 215 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 644 13.1
    Professionals 1339 27.3
    Technicians & trades workers 609 12.4
    Clerical & administrative workers 785 16.0
    Sales 470 9.6
    Others 1051 21.5
    Occupation
    Census Count Percent(%)
    Pre-school 201 8.1
    Infants/Primary 902 36.4
    Secondary 653 26.4
    Technical or Further Educational Institution 181 7.3
    University or other Tertiary Institutions 444 17.9
    Others 96 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8518 89.9
    Semi-detached, row or terrace house, townhouse 532 5.6
    Flat, unit or apartment 421 4.4
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1521 43.1
    Being purchased 1415 40.1
    Rented 576 16.3
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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