Suburb Profile Report for Bentleigh East VIC (3165)

Bentleigh East House: Median price $1,110,000, Annual capital growth 7.21%, Number of sales 327, Weekly median advertised rent $550

Bentleigh East Unit: Median price $751,250, Annual capital growth 5.27%, Number of sales 103, Weekly median advertised rent $550

  • 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

Bentleigh East has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -10.41% to date .

Comparing Bentleigh East,3165 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Bentleigh East, 3165 is offering VIC ‘s 329th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Bentleigh East is 547th on a list of best yielding suburbs for rents in VIC with a 2.58% return

Bentleigh East is an average performer in VIC when comparing median price capital growth over the last year. Bentleigh East gave property investors a good capital gain figure when compared to the rest of the state, with 2.56%.

Taking the average capital gain, or increase in median house value, Bentleigh East,3165 has racked up an average of 2.56% over the period. This ranks it number 757th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Bentleigh East is offering property investors an average of -6.31. This rate of discount on properties puts Suburb at number 174th in terms of most discounted suburbs in VIC

Situated 14.98km from the CBD, Bentleigh East is one of Glen Eira (C) localities in the postcode 3165.

Metrics i HOUSE UNIT
$1,110,000 $751,250
-3.06% 1.52%
-10.41% 2.56%
7.21% 5.27%
$550 $550
327 103
2.58% 3.81%
61.9281767955801 45.6

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), Above average (U)
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Demographics
Total population 25924
Median household income ($/weekly) 1406
Median age of persons 40
Median housing loan repayment ($/monthly) 2030
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 3317 12.8
    25-34 years 2805 10.8
    35-44 years 4374 16.9
    45-54 years 3743 14.4
    55-64 years 2656 10.2
    Others 9029 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 10643 54.3
    Not Married 7755 39.6
    Defacto Relationship 1191 6.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 16985 67.9
    Croatia 621 2.5
    Hong Kong 735 2.9
    United Kingdom 810 3.2
    Other 2208 8.8
    Others 3651 14.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 469 1.9
    Christianity 14882 61.8
    Hinduism 349 1.4
    Judaism 2575 10.7
    No Religion 5475 22.7
    Others 324 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 809 9.5
    $600-$799 694 8.1
    $1,500-$1,999 1112 13.1
    $2,000-$2,499 830 9.7
    $2,500-$2,999 859 10.1
    Others 4214 49.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 7871 39.2
    Not in the labour force 6883 34.3
    Employed, worked part-time 4006 20.0
    Employed, away from work 716 3.6
    Unemployed, looking for work 594 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 1763 14.0
    Professionals 3323 26.4
    Technicians & trades workers 1652 13.1
    Clerical & administrative workers 2127 16.9
    Sales 1294 10.3
    Others 2432 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 537 8.7
    Infants/Primary 2195 35.5
    Secondary 1719 27.8
    Technical or Further Educational Institution 501 8.1
    University or other Tertiary Institutions 1057 17.1
    Others 179 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 21227 85.3
    Semi-detached, row or terrace house, townhouse 2369 9.5
    Flat, unit or apartment 1241 5.0
    House or flat attached to a shop, office 46 0.2
    Improvised home, tent, sleepers out 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3758 41.0
    Being purchased 3446 37.6
    Rented 1913 20.9
    Other tenure type 44 0.5
    Tenure Type
Census 2011, ABS
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