Suburb Profile Report for Belgrave South VIC (3160)

Belgrave South House: Median price $782,500, Annual capital growth 8.55%, Number of sales 10, Weekly median advertised rent $425

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

At number 402th in the list of Australian suburbs ordered by increase in median house value over the last year, Belgrave South, 3160 is in the top 10% with a property value increase of 17.85% recorded in median house prices.

Comparing Belgrave South,3160 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Belgrave South is offering property investors an average of -6.01. This rate of discount on properties puts Suburb at number 392th in terms of most discounted suburbs in VIC

With the median price for a house in Belgrave South being $782500 and the advertised rent reaching $425 the gross rental yield for property investors calculates out to be 2.82%

Metrics i HOUSE UNIT
$782,500 N/A
6.97% N/A
17.85% N/A
8.55% N/A
$425 N/A
10 N/A
2.82% N/A
51.5 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1661
Median household income ($/weekly) 1541
Median age of persons 42
Median housing loan repayment ($/monthly) 1623
Average household size 3
  • Census Count Percent(%)
    5-14 years 248 14.9
    25-34 years 147 8.8
    35-44 years 204 12.3
    45-54 years 273 16.4
    55-64 years 278 16.7
    Others 512 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 705 55.8
    Not Married 451 35.7
    Defacto Relationship 108 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1332 83.1
    New Zealand 33 2.1
    Papua New Guinea 30 1.9
    United Kingdom 106 6.6
    Other 34 2.1
    Others 68 4.2
    Country of Birth
    Census Count Percent(%)
    Christianity 889 59.1
    No Religion 592 39.4
    Buddhism 10 0.7
    Judaism 7 0.5
    Other Religious Groups 6 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 51 10.7
    $1,250-$1,499 41 8.6
    $1,500-$1,999 75 15.8
    $2,000-$2,499 61 12.8
    $2,500-$2,999 48 10.1
    Others 199 41.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 522 39.9
    Not in the labour force 380 29.0
    Employed, worked part-time 311 23.8
    Employed, away from work 55 4.2
    Unemployed, looking for work 41 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 150 16.8
    Professionals 162 18.2
    Technicians & trades workers 167 18.7
    Community & personal service workers 86 9.6
    Clerical & administrative workers 138 15.5
    Others 189 21.2
    Occupation
    Census Count Percent(%)
    Pre-school 34 7.8
    Infants/Primary 142 32.4
    Secondary 149 34.0
    Technical or Further Educational Institution 44 10.0
    University or other Tertiary Institutions 60 13.7
    Others 9 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1565 98.7
    Semi-detached, row or terrace house, townhouse 8 0.5
    Flat, unit or apartment 7 0.4
    Caravan, cabin, houseboat 5 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 264 49.3
    Fully owned 223 41.7
    Rented 48 9.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals