Suburb Profile Report for Point Lonsdale VIC (3225)

Point Lonsdale House: Median price $697,500, Annual capital growth 4.07%, Number of sales 113, Weekly median advertised rent $400

Point Lonsdale Unit: Median price $552,500, Annual capital growth 5.98%, Number of sales 12, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 5.68% for the last 12 months, Point Lonsdale, 3225 has performed for property investments than its average annual 4.07% property growth over the last 5 years.

Point Lonsdale,3225 was ranked 2809 in Australia by increase in median property value over the quarter.

Vendor discounting in Point Lonsdale is giving property investors an average Vendor Discount of around -12.35%. This puts suburb at number 6th in VIC when ranking the most discounted suburbs.

On average over the past year, suburb has had 9.42 sales per month, which equates to 113 per year.

Property investors should expect to get $400 weekly from the median priced house in this suburb.

Point Lonsdale, 3225 ranked 337th in VIC when comparing growth in median property values or capital gain over the last 12 months. Point Lonsdale is one of 2098 in our list for VIC

A 50.54% growth in median value for property investors in Point Lonsdale,3225 puts this suburb at number 300th in terms of best performing suburbs in VIC

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.58% offered to property buyers. Sellers in Point Lonsdale itself are offering an average vendor discount of -4.05% to real estate investors.

The VIC suburb of Point Lonsdale, 3225 is in the Greater Geelong local government area.

Metrics i HOUSE UNIT
$697,500 $552,500
-0.36% -1.78%
5.68% -5.39%
4.07% 5.98%
$400 N/A
113 12
2.98% N/A
140.18 97.3

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 2467
Median household income ($/weekly) 998
Median age of persons 55
Median housing loan repayment ($/monthly) 1300
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 265 10.7
    45-54 years 265 10.7
    55-64 years 397 16.1
    65-74 years 430 17.4
    75-84 years 325 13.2
    Others 784 31.8
    Age Group
    Census Count Percent(%)
    Registered Married 1006 58.2
    Not Married 609 35.2
    Defacto Relationship 115 6.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2074 89.7
    Greece 16 0.7
    New Zealand 17 0.7
    Papua New Guinea 18 0.8
    United Kingdom 113 4.9
    Others 75 3.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.7
    Christianity 1572 70.1
    Hinduism 8 0.4
    Judaism 4 0.2
    No Religion 639 28.5
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 129 14.0
    $600-$799 105 11.4
    $800-$999 99 10.7
    $1,250-$1,499 85 9.2
    $1,500-$1,999 110 11.9
    Others 393 42.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1062 54.2
    Employed, worked full-time 443 22.6
    Employed, worked part-time 365 18.6
    Employed, away from work 51 2.6
    Unemployed, looking for work 39 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 157 18.3
    Professionals 257 30.0
    Technicians & trades workers 100 11.7
    Community & personal service workers 76 8.9
    Clerical & administrative workers 107 12.5
    Others 160 18.7
    Occupation
    Census Count Percent(%)
    Pre-school 41 9.4
    Infants/Primary 166 38.2
    Secondary 126 29.0
    Technical or Further Educational Institution 36 8.3
    University or other Tertiary Institutions 54 12.4
    Others 12 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1978 93.2
    Semi-detached, row or terrace house, townhouse 124 5.8
    Flat, unit or apartment 20 0.9
    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 552 57.0
    Being purchased 217 22.4
    Rented 196 20.2
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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