Suburb Profile Report for Queenscliff VIC (3225)

Queenscliff House: Median price $880,000, Annual capital growth 5.79%, Number of sales 30, Weekly median advertised rent $400

  • 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

Property value increases in Queenscliff have tracked close to the VIC average of -1.79% over the last 12 months.

A 28.00% growth in median value for property investors in Queenscliff,3225 puts this suburb at number 675th 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 -6.90% offered to property buyers. Sellers in Queenscliff itself are offering an average vendor discount of -6.39% to real estate investors.

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

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

Metrics i HOUSE UNIT
$880,000 N/A
-7.37% N/A
-3.30% N/A
5.79% N/A
$400 N/A
30 N/A
2.36% N/A
164.238095238095 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 : Balanced (H), Below average (U)
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Demographics
Total population 1417
Median household income ($/weekly) 1099
Median age of persons 52
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 143 10.1
    35-44 years 151 10.7
    45-54 years 216 15.2
    55-64 years 251 17.7
    65-74 years 221 15.6
    Others 435 30.7
    Age Group
    Census Count Percent(%)
    Registered Married 599 57.8
    Not Married 373 36.0
    Defacto Relationship 64 6.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 1206 89.1
    Papua New Guinea 18 1.3
    United Kingdom 70 5.2
    United States of America 6 0.4
    Other 21 1.6
    Others 33 2.4
    Country of Birth
    Census Count Percent(%)
    Christianity 865 65.8
    No Religion 426 32.4
    Buddhism 11 0.8
    Other Religious Groups 9 0.7
    Hinduism 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 82 15.7
    $600-$799 50 9.6
    $1,000-$1,249 49 9.4
    $1,500-$1,999 53 10.1
    $2,000-$2,499 49 9.4
    Others 240 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 534 45.3
    Employed, worked full-time 335 28.4
    Employed, worked part-time 235 19.9
    Employed, away from work 50 4.2
    Unemployed, looking for work 25 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 116 18.8
    Professionals 165 26.7
    Technicians & trades workers 76 12.3
    Community & personal service workers 70 11.3
    Clerical & administrative workers 72 11.7
    Others 119 19.3
    Occupation
    Census Count Percent(%)
    Pre-school 19 6.8
    Infants/Primary 86 30.8
    Secondary 94 33.7
    Technical or Further Educational Institution 21 7.5
    University or other Tertiary Institutions 51 18.3
    Others 8 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1148 93.0
    Semi-detached, row or terrace house, townhouse 36 2.9
    Flat, unit or apartment 35 2.8
    House or flat attached to a shop, office 16 1.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 309 54.8
    Rented 135 23.9
    Being purchased 117 20.7
    Other tenure type 3 0.5
    Tenure Type
Census 2011, ABS
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