Suburb Profile Report for Barwon Heads VIC (3227)

Barwon Heads House: Median price $1,020,500, Annual capital growth 7.28%, Number of sales 74, Weekly median advertised rent $480

Barwon Heads Unit: Median price $972,500, Annual capital growth 9.43%, Number of sales 13, Weekly median advertised rent $465

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Barwon Heads have tracked just higher than the VIC average of 4.41% over the last 12 months.

Taking the average capital gain, or increase in median house value, Barwon Heads,3227 has racked up an average of 6.58% over the period. This ranks it number 1404th in the whole country for real estate investors looking at median house price increases.

Barwon Heads3227 is located in VIC which offers an average discount of -6.34% to property investors. Barwon Heads itself is showing figures that indicate -6.50% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Barwon Heads being $1020500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 2.45%

When looking at the potential capital gains offered to property investors over the last 3 years, Barwon Heads comes in at number 9th in VIC.

With the median price for a house in Barwon Heads being $972500 and the advertised rent reaching $465 the gross rental yield for property investors calculates out to be 2.49%

Metrics i HOUSE UNIT
$1,020,500 $972,500
1.74% 3.46%
6.58% N/A
7.28% 9.43%
$480 $465
74 13
2.45% 2.49%
68.9024390243903 51.1

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3535
Median household income ($/weekly) 1428
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 569 16.1
    25-34 years 294 8.3
    35-44 years 622 17.6
    45-54 years 525 14.8
    55-64 years 437 12.4
    Others 1089 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 1286 55.4
    Not Married 796 34.3
    Defacto Relationship 241 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 2959 89.7
    Papua New Guinea 29 0.9
    United Kingdom 186 5.6
    United States of America 17 0.5
    Other 20 0.6
    Others 87 2.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 1.4
    Christianity 1801 58.7
    Hinduism 7 0.2
    Other Religious Groups 7 0.2
    No Religion 1204 39.2
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 99 9.1
    $1,000-$1,249 105 9.7
    $1,500-$1,999 162 15.0
    $2,000-$2,499 123 11.4
    $2,500-$2,999 127 11.7
    Others 467 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 956 37.9
    Not in the labour force 837 33.2
    Employed, worked part-time 588 23.3
    Employed, away from work 76 3.0
    Unemployed, looking for work 65 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 232 14.3
    Professionals 515 31.7
    Technicians & trades workers 265 16.3
    Community & personal service workers 163 10.0
    Clerical & administrative workers 152 9.4
    Others 297 18.3
    Occupation
    Census Count Percent(%)
    Pre-school 86 9.8
    Infants/Primary 349 39.7
    Secondary 255 29.0
    Technical or Further Educational Institution 81 9.2
    University or other Tertiary Institutions 94 10.7
    Others 15 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2904 93.0
    Semi-detached, row or terrace house, townhouse 134 4.3
    Flat, unit or apartment 72 2.3
    Caravan, cabin, houseboat 9 0.3
    House or flat attached to a shop, office 5 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 474 39.0
    Fully owned 448 36.8
    Rented 289 23.8
    Other tenure type 5 0.4
    Tenure Type
Census 2011, ABS
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