Suburb Profile Report for Coleraine VIC (3315)

Coleraine House: Median price $130,000, Annual capital growth 2.39%, Number of sales 19, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Coleraine, 3315 should be 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 44.44%

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Coleraine has increased when compared to the 5 year average annual rate.

In the last year 19 properties changed hands in Coleraine, which puts it as the 624th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Coleraine, 3315 is in the Southern Grampians local government area.

Metrics i HOUSE UNIT
$130,000 N/A
22.64% N/A
44.44% N/A
2.39% N/A
N/A N/A
19 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 1243
Median household income ($/weekly) 681
Median age of persons 50
Median housing loan repayment ($/monthly) 867
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 135 10.9
    45-54 years 197 15.8
    55-64 years 201 16.2
    65-74 years 135 10.9
    75-84 years 127 10.2
    Others 448 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 455 49.1
    Not Married 381 41.1
    Defacto Relationship 90 9.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1126 93.1
    New Zealand 7 0.6
    Papua New Guinea 16 1.3
    United Kingdom 29 2.4
    Other 6 0.5
    Others 26 2.1
    Country of Birth
    Census Count Percent(%)
    Christianity 935 80.8
    No Religion 210 18.2
    Buddhism 4 0.3
    Islam 4 0.3
    Other Religious Groups 4 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 89 18.7
    $400-$599 91 19.1
    $600-$799 63 13.2
    $800-$999 56 11.7
    $1,500-$1,999 36 7.5
    Others 142 29.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 505 48.9
    Employed, worked full-time 277 26.8
    Employed, worked part-time 180 17.4
    Employed, away from work 41 4.0
    Unemployed, looking for work 29 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 118 23.6
    Professionals 51 10.2
    Technicians & trades workers 73 14.6
    Community & personal service workers 69 13.8
    Labourers 63 12.6
    Others 126 25.2
    Occupation
    Census Count Percent(%)
    Pre-school 14 6.2
    Infants/Primary 78 34.4
    Secondary 87 38.3
    Technical or Further Educational Institution 26 11.5
    University or other Tertiary Institutions 14 6.2
    Others 8 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1107 97.9
    House or flat attached to a shop, office 15 1.3
    Flat, unit or apartment 9 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 292 56.4
    Being purchased 123 23.7
    Rented 89 17.2
    Other tenure type 14 2.7
    Tenure Type
Census 2011, ABS
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