Suburb Profile Report for Seville VIC (3139)

Seville House: Median price $634,500, Annual capital growth 7.28%, Number of sales 18, Weekly median advertised rent $413

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

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

  • House Report

Property value increases in Seville have tracked close to the VIC average of 4.75% over the last 12 months.

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

Our latest figures would indicate that property sellers in Seville are currently offering property investors an average price cut of -4.84% below the asking price at the moment.

A $395 per week rent on the median house gives suburb investors a gross yield of circa 3.26%, without taking into account capital value appreciation, which has been averaging out at 7.38%.

Metrics i HOUSE UNIT
$634,500 N/A
2.75% N/A
4.02% N/A
7.28% N/A
$413 N/A
18 N/A
3.38% N/A
39.533333 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2371
Median household income ($/weekly) 1386
Median age of persons 35
Median housing loan repayment ($/monthly) 1570
Average household size 3
  • Census Count Percent(%)
    5-14 years 398 16.8
    25-34 years 282 11.9
    35-44 years 388 16.4
    45-54 years 330 13.9
    55-64 years 269 11.4
    Others 703 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 954 56.3
    Not Married 567 33.5
    Defacto Relationship 172 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2081 89.3
    Greece 16 0.7
    New Zealand 31 1.3
    United Kingdom 107 4.6
    Other 32 1.4
    Others 64 2.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1334 61.5
    No Religion 807 37.2
    Buddhism 20 0.9
    Other Religious Groups 7 0.3
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 64 9.2
    $1,000-$1,249 78 11.2
    $1,250-$1,499 79 11.3
    $1,500-$1,999 120 17.2
    $2,000-$2,499 83 11.9
    Others 275 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 767 43.6
    Not in the labour force 450 25.6
    Employed, worked part-time 422 24.0
    Employed, away from work 84 4.8
    Unemployed, looking for work 35 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 169 13.3
    Professionals 134 10.5
    Technicians & trades workers 272 21.4
    Clerical & administrative workers 182 14.3
    Labourers 153 12.0
    Others 362 28.5
    Occupation
    Census Count Percent(%)
    Pre-school 67 10.4
    Infants/Primary 269 41.8
    Secondary 189 29.3
    Technical or Further Educational Institution 60 9.3
    University or other Tertiary Institutions 45 7.0
    Others 14 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2272 98.0
    Flat, unit or apartment 44 1.9
    House or flat attached to a shop, office 3 0.1
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 442 57.3
    Fully owned 229 29.7
    Rented 95 12.3
    Other tenure type 6 0.8
    Tenure Type
Census 2011, ABS
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