Suburb Profile Report for Clayton VIC (3168)

Clayton House: Median price $1,064,444, Annual capital growth 7.95%, Number of sales 70, Weekly median advertised rent $460

Clayton Unit: Median price $600,000, Annual capital growth 4.64%, Number of sales 97, Weekly median advertised rent $430

  • 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

Clayton, 3168 ranked 585th in VIC when comparing growth in median property values or capital gain over the last 12 months. Clayton is one of 2099 in our list for VIC

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

On average over the past year, suburb has had 5.83 sales per month, which equates to 70 per year.

A $460 per week rent on the median house gives suburb investors a gross yield of circa 2.25%, without taking into account capital value appreciation, which has been averaging out at 7.95%.

Giving property investors a a stable capital gain of 3.76% for the last year, Clayton, 3168 is the 393th highest performer in Australia in this respect.

Clayton,3168 was ranked 50 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Clayton is offering property investors an average of -6.31. This rate of discount on properties puts Suburb at number 139th in terms of most discounted suburbs in VIC

On average over the past year, suburb has had 8.08 sales per month, which equates to 97 per year.

With the median price for a house in Clayton being $600000 and the advertised rent reaching $430 the gross rental yield for property investors calculates out to be 3.73%

Metrics i HOUSE UNIT
$1,064,444 $600,000
3.60% 12.15%
-11.30% 3.76%
7.95% 4.64%
$460 $430
70 97
2.25% 3.73%
77.0555555555556 87.2678571428572

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 : Below average (H), Balanced (U)
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Demographics
Total population 15543
Median household income ($/weekly) 953
Median age of persons 27
Median housing loan repayment ($/monthly) 1800
Average household size 2.7
  • Census Count Percent(%)
    15-19 years 1166 7.5
    20-24 years 3867 24.9
    25-34 years 3710 23.9
    35-44 years 1483 9.5
    45-54 years 1091 7.0
    Others 4227 27.2
    Age Group
    Census Count Percent(%)
    Not Married 6957 59.6
    Registered Married 4107 35.2
    Defacto Relationship 612 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4372 29.9
    Croatia 2608 17.8
    Indonesia 1512 10.3
    Malta 774 5.3
    Other 1333 9.1
    Others 4023 27.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 1275 9.0
    Christianity 6332 44.8
    Hinduism 921 6.5
    Islam 880 6.2
    No Religion 4206 29.7
    Others 534 3.8
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 418 9.3
    $400-$599 498 11.1
    $600-$799 405 9.0
    $1,000-$1,249 420 9.4
    $1,500-$1,999 526 11.7
    Others 2215 49.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 6143 46.6
    Employed, worked full-time 3468 26.3
    Employed, worked part-time 2253 17.1
    Unemployed, looking for work 948 7.2
    Employed, away from work 371 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1611 26.5
    Technicians & trades workers 741 12.2
    Community & personal service workers 675 11.1
    Clerical & administrative workers 797 13.1
    Labourers 680 11.2
    Others 1582 26.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 542 8.9
    Secondary 392 6.4
    Technical or Further Educational Institution 396 6.5
    University or other Tertiary Institutions 4414 72.1
    Other type of educational institution 228 3.7
    Others 152 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7245 54.6
    Flat, unit or apartment 3011 22.7
    Semi-detached, row or terrace house, townhouse 3008 22.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 2745 57.1
    Fully owned 1223 25.4
    Being purchased 767 16.0
    Other tenure type 73 1.5
    Tenure Type
Census 2011, ABS
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