Suburb Profile Report for Mortlake VIC (3272)

Mortlake House: Median price $165,000, Annual capital growth 1.34%, Number of sales 31, Weekly median advertised rent $220

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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House Report

With a capital gain of 3.77% for the last 12 months, Mortlake, 3272 has performed for property investments than its average annual 1.34% property growth over the last 5 years.

Comparing Mortlake,3272 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -11.28% to buyers in Mortlake at the moment, which is less than average for the rest of VIC.

Often selling an investment property can take time, and in Mortlake the average time real estate has been on the market is 104.66 days.

The VIC suburb of Mortlake, 3272 is in the Moyne (S) local government area.

Metrics	HOUSE	UNIT
Median price	$165,000	N/A
Quarterly growth	0.00%	N/A
12-month growth	3.77%	N/A
Average Annual Growth	1.34%	N/A
Weekly median advertised rent	$220	N/A
Number of sales	31	N/A
Gross rental yield	6.93%	N/A
Days on market	104.66	N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

Your estimated repayment
$667.21/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.59% interest rate.

DSR Score for property investment : Good (H), Above average (U)

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Demographics

Total population	1354
Median household income ($/weekly)	776
Median age of persons	47
Median housing loan repayment ($/monthly)	867
Average household size	2.3

Census	Count	Percent(%)
5-14 years	161	11.9
35-44 years	145	10.7
45-54 years	165	12.2
55-64 years	199	14.7
65-74 years	164	12.1
Others	521	38.5

Age Group

Census	Count	Percent(%)
Registered Married	501	50.9
Not Married	394	40.0
Defacto Relationship	90	9.1

Social Marital Status

Census	Count	Percent(%)
Australia	1219	93.1
New Zealand	7	0.5
Papua New Guinea	24	1.8
United Kingdom	36	2.7
Other	15	1.1
Others	9	0.7

Country of Birth

Census	Count	Percent(%)
Christianity	970	78.0
No Religion	262	21.1
Islam	8	0.6
Other Religious Groups	3	0.2
Buddhism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$300-$399	62	12.0
$400-$599	95	18.4
$600-$799	66	12.8
$800-$999	61	11.8
$1,000-$1,249	46	8.9
Others	187	36.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	484	46.4
Employed, worked full-time	331	31.8
Employed, worked part-time	172	16.5
Employed, away from work	30	2.9
Unemployed, looking for work	25	2.4

Person Characteristics

Census	Count	Percent(%)
Managers	121	22.6
Professionals	63	11.8
Technicians & trades workers	90	16.8
Community & personal service workers	55	10.3
Labourers	77	14.4
Others	129	24.1

Occupation

Census	Count	Percent(%)
Pre-school	16	5.9
Infants/Primary	114	42.2
Secondary	76	28.1
Technical or Further Educational Institution	28	10.4
University or other Tertiary Institutions	23	8.5
Others	13	4.8

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1225	97.8
Semi-detached, row or terrace house, townhouse	19	1.5
Caravan, cabin, houseboat	3	0.2
Improvised home, tent, sleepers out	3	0.2
House or flat attached to a shop, office	3	0.2
Others	0	0.0