Suburb Profile Report for Breakwater VIC (3219)

Breakwater House: Median price $385,000, Annual capital growth 8.17%, Number of sales 21, Weekly median advertised rent $330

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

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

  • House Report

With a capital gain of 14.18% for the last 12 months, Breakwater, 3219 has performed for property investments than its average annual 7.31% property growth over the last 5 years.

The five-year average increase in median property values for Breakwater,3219 has given property investors a potential capital gain of 50.00% across each of those five years.

Breakwater, 3219 is offering VIC ‘s 548th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.

In the last year 23 properties changed hands in Breakwater, which puts it as the 571th most active market in VIC when comparing the number of sales per suburb.

Property investors should expect to get $320 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$385,000 N/A
2.12% N/A
15.44% N/A
8.17% N/A
$330 N/A
21 N/A
4.46% N/A
17.555555 N/A

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 1059
Median household income ($/weekly) 802
Median age of persons 38
Median housing loan repayment ($/monthly) 1387
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 163 15.4
    35-44 years 121 11.4
    45-54 years 125 11.8
    55-64 years 126 11.9
    65-74 years 114 10.8
    Others 409 38.7
    Age Group
    Census Count Percent(%)
    Not Married 421 50.6
    Registered Married 311 37.4
    Defacto Relationship 100 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 834 84.2
    Bosnia and Herzegovina 8 0.8
    New Zealand 10 1.0
    United Kingdom 45 4.5
    Other 26 2.6
    Others 67 6.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 1.0
    Christianity 660 69.0
    Hinduism 7 0.7
    Other Religious Groups 6 0.6
    No Religion 271 28.3
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 47 11.0
    $400-$599 61 14.3
    $600-$799 65 15.2
    $800-$999 58 13.6
    $1,500-$1,999 42 9.8
    Others 154 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 348 40.7
    Employed, worked full-time 274 32.1
    Employed, worked part-time 149 17.4
    Unemployed, looking for work 61 7.1
    Employed, away from work 22 2.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 45 10.2
    Technicians & trades workers 88 20.0
    Community & personal service workers 55 12.5
    Clerical & administrative workers 44 10.0
    Labourers 91 20.6
    Others 118 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.5
    Infants/Primary 64 35.4
    Secondary 48 26.5
    Technical or Further Educational Institution 27 14.9
    University or other Tertiary Institutions 23 12.7
    Others 9 5.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 895 88.8
    Semi-detached, row or terrace house, townhouse 88 8.7
    Flat, unit or apartment 22 2.2
    House or flat attached to a shop, office 3 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 162 35.7
    Fully owned 150 33.0
    Being purchased 142 31.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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