Suburb Profile Report for Drysdale VIC (3222)

Drysdale House: Median price $539,000, Annual capital growth 6.48%, Number of sales 63, Weekly median advertised rent $400

Drysdale Unit: Median price $380,100, Annual capital growth 4.97%, Number of sales 23, Weekly median advertised rent $330

  • 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
  • Unit Report

Over the last year, property investments in Drysdale, 3222 have given investors a capital gain of 17.17%. This compares very favourably with the -1.79% for VIC as a whole.

Comparing Drysdale,3222 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Drysdale is $539000, with sellers offering an average of -5.19% off the asking price.

Renters in Suburb are facing rents around $20800 per annum or $400 every week.

Property investors who have had real estate in Drysdale, 3222 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.86%

Taking the average capital gain, or increase in median house value, Drysdale,3222 has racked up an average of 4.86% over the period. This ranks it number 219th in the whole country for real estate investors looking at median house price increases.

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 Drysdale, 3222. Typically our figures indicate that -3.09% is being offered, which puts this VIC suburb at 987th most discounted overall in Australia.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 4.97%, investors should hope to achieve an overall return of 4.51%

Metrics i HOUSE UNIT
$539,000 $380,100
2.67% 1.71%
17.17% 4.86%
6.48% 4.97%
$400 $330
63 23
3.86% 4.51%
74.6071428571429 55.7222222222222

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)
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Demographics
Total population 4316
Median household income ($/weekly) 980
Median age of persons 45
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 566 13.1
    35-44 years 508 11.8
    45-54 years 611 14.2
    55-64 years 586 13.6
    65-74 years 451 10.4
    Others 1594 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 1810 57.8
    Not Married 1131 36.1
    Defacto Relationship 189 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 3546 86.1
    Greece 30 0.7
    New Zealand 38 0.9
    United Kingdom 321 7.8
    Other 39 0.9
    Others 143 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 28 0.7
    Christianity 2849 72.9
    Islam 4 0.1
    Other Religious Groups 15 0.4
    No Religion 1010 25.8
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 133 9.7
    $400-$599 201 14.7
    $600-$799 150 10.9
    $800-$999 131 9.6
    $1,500-$1,999 163 11.9
    Others 593 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1504 44.2
    Employed, worked full-time 1021 30.0
    Employed, worked part-time 694 20.4
    Employed, away from work 103 3.0
    Unemployed, looking for work 84 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 201 11.1
    Professionals 301 16.6
    Technicians & trades workers 340 18.7
    Community & personal service workers 215 11.8
    Clerical & administrative workers 267 14.7
    Others 494 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 64 6.5
    Infants/Primary 361 36.4
    Secondary 335 33.8
    Technical or Further Educational Institution 83 8.4
    University or other Tertiary Institutions 110 11.1
    Others 39 3.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3596 91.7
    Semi-detached, row or terrace house, townhouse 192 4.9
    Flat, unit or apartment 134 3.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 722 47.9
    Being purchased 563 37.4
    Rented 222 14.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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