Suburb Profile Report for Bacchus Marsh VIC (3340)

Bacchus Marsh House: Median price $441,000, Annual capital growth 6.06%, Number of sales 125, Weekly median advertised rent $350

Bacchus Marsh Unit: Median price $297,500, Annual capital growth 3.87%, Number of sales 29, Weekly median advertised rent $290

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

With a capital gain of 10.53% for the last 12 months, Bacchus Marsh, 3340 has performed for property investments than its average annual 6.06% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Bacchus Marsh comes in at number 442th in VIC.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.19% offered to property buyers. Sellers in Bacchus Marsh itself are offering an average vendor discount of -2.84% to real estate investors.

Property value increases in Bacchus Marsh have tracked just lower than the VIC average of 7.50% over the last 12 months.

Across a shorter period, Bacchus Marsh, 3340 has seen a median price increase of 0.85% over the last quarter.

The most recent median price for Bacchus Marsh is $297500, with sellers offering an average of -4.03% off the asking price.

Situated 48.86km from the CBD, Bacchus Marsh is one of Moorabool localities in the postcode 3340.

Metrics i HOUSE UNIT
$441,000 $297,500
4.50% 0.85%
10.53% -0.50%
6.06% 3.87%
$350 $290
125 29
4.13% 5.07%
36.68 73.04

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Bacchus Marsh VIC
Demographics
Total population 5759
Median household income ($/weekly) 972
Median age of persons 41
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 692 12.0
    25-34 years 612 10.6
    35-44 years 744 12.9
    45-54 years 790 13.7
    55-64 years 759 13.2
    Others 2163 37.6
    Age Group
    Census Count Percent(%)
    Registered Married 2031 46.8
    Not Married 1930 44.5
    Defacto Relationship 378 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4704 86.1
    Indonesia 40 0.7
    Papua New Guinea 89 1.6
    United Kingdom 323 5.9
    Other 65 1.2
    Others 245 4.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 40 0.8
    Christianity 3693 69.9
    Hinduism 18 0.3
    Other Religious Groups 38 0.7
    No Religion 1473 27.9
    Others 20 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 213 10.1
    $400-$599 290 13.8
    $600-$799 222 10.5
    $800-$999 217 10.3
    $1,500-$1,999 233 11.1
    Others 932 44.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1765 39.5
    Employed, worked full-time 1614 36.1
    Employed, worked part-time 795 17.8
    Employed, away from work 166 3.7
    Unemployed, looking for work 126 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 269 10.4
    Professionals 467 18.1
    Technicians & trades workers 406 15.7
    Clerical & administrative workers 380 14.7
    Sales 258 10.0
    Others 798 31.0
    Occupation
    Census Count Percent(%)
    Pre-school 90 7.7
    Infants/Primary 406 34.6
    Secondary 380 32.4
    Technical or Further Educational Institution 71 6.1
    University or other Tertiary Institutions 179 15.3
    Others 47 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4918 90.1
    Flat, unit or apartment 399 7.3
    Semi-detached, row or terrace house, townhouse 93 1.7
    Caravan, cabin, houseboat 45 0.8
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 818 36.1
    Fully owned 809 35.7
    Rented 627 27.6
    Other tenure type 14 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals