Suburb Profile Report for Waurn Ponds VIC (3216)

Waurn Ponds House: Median price $635,000, Annual capital growth 5.45%, Number of sales 39, Weekly median advertised rent $450

  • 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

Waurn Ponds has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 12.39% to date .

Waurn Ponds,3216 has offered an average of 12.39% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Waurn Ponds is giving property investors an average Vendor Discount of around -5.78%. This puts suburb at number 423th in VIC when ranking the most discounted suburbs.

Waurn Ponds, 3216’s gross rental yield is 3.69%

Metrics i HOUSE UNIT
$635,000 N/A
0.00% N/A
12.39% N/A
5.45% N/A
$450 N/A
39 N/A
3.69% N/A
69.2285714285714 N/A

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)
Find a mortgage broker in Waurn Ponds VIC
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