Suburb Profile Report for Aspendale Gardens VIC (3195)

Aspendale Gardens House: Median price $897,500, Annual capital growth 7.68%, Number of sales 48, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

VIC has seen average median house prices change by 11.69% which means that Aspendale Gardens, 3195 has done well for property investors by showing a capital gain of 11.60% over the last year

A 60.91% growth in median value for property investors in Aspendale Gardens,3195 puts this suburb at number 307th in terms of best performing suburbs in VIC

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Aspendale Gardens, 3195. Typically our figures indicate that -8.70% is being offered, which puts this VIC suburb at 480th most discounted overall in Australia.

On average over the past year, suburb has had 4.08 sales per month, which equates to 49 per year.

Using the current median advertised rental of $500 and the average annual increase in value of a median property of 7.53%, investors should hope to achieve an overall return of 2.94%

Metrics i HOUSE UNIT
$897,500 N/A
2.78% N/A
9.79% N/A
7.68% N/A
$500 N/A
48 N/A
2.90% N/A
49.94 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 6596
Median household income ($/weekly) 1634
Median age of persons 39
Median housing loan repayment ($/monthly) 1820
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 1082 16.4
    25-34 years 553 8.4
    35-44 years 1133 17.2
    45-54 years 1147 17.4
    55-64 years 651 9.9
    Others 2030 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 2906 60.7
    Not Married 1634 34.1
    Defacto Relationship 247 5.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4312 68.3
    Indonesia 183 2.9
    Sri Lanka 106 1.7
    United Kingdom 350 5.5
    Other 308 4.9
    Others 1058 16.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 251 4.1
    Christianity 4303 70.2
    Hinduism 193 3.1
    Islam 139 2.3
    No Religion 1199 19.6
    Others 46 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 150 8.2
    $1,000-$1,249 164 8.9
    $1,500-$1,999 272 14.8
    $2,000-$2,499 239 13.0
    $2,500-$2,999 219 11.9
    Others 793 43.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2099 42.6
    Not in the labour force 1435 29.1
    Employed, worked part-time 1086 22.0
    Employed, away from work 181 3.7
    Unemployed, looking for work 131 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 437 13.0
    Professionals 659 19.6
    Technicians & trades workers 527 15.7
    Clerical & administrative workers 578 17.2
    Sales 391 11.6
    Others 774 23.0
    Occupation
    Census Count Percent(%)
    Pre-school 111 6.1
    Infants/Primary 690 37.7
    Secondary 612 33.4
    Technical or Further Educational Institution 130 7.1
    University or other Tertiary Institutions 236 12.9
    Others 51 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5916 93.9
    Semi-detached, row or terrace house, townhouse 317 5.0
    Flat, unit or apartment 65 1.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1081 53.3
    Fully owned 703 34.7
    Rented 176 8.7
    Other tenure type 67 3.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals