Suburb Profile Report for Belgrave Heights VIC (3160)

Belgrave Heights House: Median price $681,840, Annual capital growth 6.69%, Number of sales 16, Weekly median advertised rent N/A

  • 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

Over the last year, property investments in Belgrave Heights, 3160 have given investors a capital gain of -5.43%. This compares averagely with the -1.79% for VIC as a whole.

If we look at median property appreciation over just the last three months, Belgrave Heights has given property investors a paper return of 3.31%. This puts Suburb as 86 on a list of fastest fasting appreciating suburbs in VIC

Belgrave Heights3160 is located in VIC which offers an average discount of -6.90% to property investors. Belgrave Heights itself is showing figures that indicate -7.55% is the average achievable by property buyers investing in the suburb.

Metrics i HOUSE UNIT
$681,840 N/A
3.31% N/A
-5.43% N/A
6.69% N/A
N/A N/A
16 N/A
N/A N/A
69.8 N/A

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 : Good (H), Balanced (U)
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Demographics
Total population 1376
Median household income ($/weekly) 1570
Median age of persons 36
Median housing loan repayment ($/monthly) 1600
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 233 16.9
    25-34 years 136 9.9
    35-44 years 203 14.8
    45-54 years 229 16.7
    55-64 years 181 13.2
    Others 393 28.6
    Age Group
    Census Count Percent(%)
    Registered Married 496 51.7
    Not Married 342 35.7
    Defacto Relationship 121 12.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1070 83.1
    New Zealand 20 1.6
    Papua New Guinea 19 1.5
    United Kingdom 95 7.4
    Other 29 2.3
    Others 55 4.3
    Country of Birth
    Census Count Percent(%)
    Christianity 665 56.0
    No Religion 474 39.9
    Other Religious Groups 23 1.9
    Buddhism 15 1.3
    Judaism 10 0.8
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 36 9.0
    $1,000-$1,249 39 9.8
    $1,500-$1,999 63 15.8
    $2,000-$2,499 48 12.1
    $2,500-$2,999 48 12.1
    Others 164 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 434 43.3
    Employed, worked part-time 249 24.9
    Not in the labour force 245 24.5
    Employed, away from work 46 4.6
    Unemployed, looking for work 28 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 13.9
    Professionals 148 20.4
    Technicians & trades workers 128 17.6
    Community & personal service workers 73 10.1
    Clerical & administrative workers 108 14.9
    Others 168 23.1
    Occupation
    Census Count Percent(%)
    Pre-school 28 7.8
    Infants/Primary 140 39.0
    Secondary 106 29.5
    Technical or Further Educational Institution 29 8.1
    University or other Tertiary Institutions 44 12.3
    Others 12 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1257 98.9
    Semi-detached, row or terrace house, townhouse 8 0.6
    Flat, unit or apartment 3 0.2
    Caravan, cabin, houseboat 3 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 250 57.2
    Fully owned 146 33.4
    Rented 41 9.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table