Suburb Profile Report for Waurn Ponds VIC (3216)

Waurn Ponds House: Median price $565,500, Annual capital growth 4.67%, Number of sales 58, Weekly median advertised rent $430

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

If you compare the increase in value of investment property in Waurn Ponds, 3216 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.71%.

Comparing Waurn Ponds,3216 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.39% offered to property buyers. Sellers in Waurn Ponds itself are offering an average vendor discount of -4.16% to real estate investors.

At number 362 in a list of fastest selling suburbs, Waurn Ponds is in the TOP 10% of suburbs in Australia with an average of days on market 42.89 for properties listed there.

Waurn Ponds is 176th on a list of best yielding suburbs for rents in VIC with a 3.95% return

Metrics i HOUSE UNIT
$565,500 N/A
0.53% N/A
7.71% N/A
4.67% N/A
$430 N/A
58 N/A
3.95% N/A
42.89 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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
Chart Table
Recent sales & rentals