Suburb Profile Report for Waurn Ponds VIC (3216)

Waurn Ponds House: Median price $641,250, Annual capital growth 5.63%, Number of sales 50, Weekly median advertised rent $450

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Waurn Ponds, 3216 ranked 175th in VIC when comparing growth in median property values or capital gain over the last 12 months. Waurn Ponds is one of 2099 in our list for VIC

While Waurn Ponds,3216 ranked number 328th in VIC for increase in median house value (annualised) increase, it is ranked 316th over the last 5 years.

Our latest figures would indicate that property sellers in Waurn Ponds are currently offering property investors an average price cut of -6.29% below the asking price at the moment.

Residents and property investors in Waurn Ponds have been waiting around 74.9111 days to sell a property.

Renters in Suburb are facing rents around $23400 per annum or $450 every week.

Metrics i HOUSE UNIT
$641,250 N/A
0.98% N/A
5.90% N/A
5.63% N/A
$450 N/A
50 N/A
3.65% N/A
74.9111111111111 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 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 3996
Median household income ($/weekly) 1652
Median age of persons 28
Median housing loan repayment ($/monthly) 1820
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 598 15.0
    20-24 years 455 11.4
    25-34 years 565 14.1
    35-44 years 622 15.6
    45-54 years 442 11.1
    Others 1313 32.9
    Age Group
    Census Count Percent(%)
    Registered Married 1498 58.7
    Not Married 832 32.6
    Defacto Relationship 224 8.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3376 86.3
    Croatia 29 0.7
    Indonesia 56 1.4
    United Kingdom 214 5.5
    Other 57 1.5
    Others 178 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 33 0.9
    Christianity 2557 68.5
    Hinduism 49 1.3
    Islam 19 0.5
    No Religion 1059 28.4
    Others 14 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 92 8.9
    $1,250-$1,499 92 8.9
    $1,500-$1,999 199 19.3
    $2,000-$2,499 157 15.3
    $2,500-$2,999 99 9.6
    Others 390 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1137 38.1
    Not in the labour force 885 29.6
    Employed, worked part-time 742 24.9
    Employed, away from work 118 4.0
    Unemployed, looking for work 103 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 406 20.3
    Technicians & trades workers 341 17.0
    Community & personal service workers 229 11.4
    Clerical & administrative workers 284 14.2
    Sales 254 12.7
    Others 487 24.3
    Occupation
    Census Count Percent(%)
    Pre-school 103 7.0
    Infants/Primary 407 27.7
    Secondary 289 19.7
    Technical or Further Educational Institution 79 5.4
    University or other Tertiary Institutions 568 38.7
    Others 21 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3511 99.4
    Semi-detached, row or terrace house, townhouse 16 0.5
    Flat, unit or apartment 4 0.1
    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 652 56.3
    Fully owned 306 26.4
    Rented 195 16.8
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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