Suburb Profile Report for Darley VIC (3340)

Darley House: Median price $420,000, Annual capital growth 6.67%, Number of sales 160, Weekly median advertised rent $323

Darley Unit: Median price $307,000, Annual capital growth -0.52%, Number of sales 17, Weekly median advertised rent $295

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 755th in the list of Australian suburbs ordered by increase in median house value over the last year, Darley, 3340 is in the top 20% with a property value increase of 16.67% recorded in median house prices.

While Darley,3340 ranked number 374th in VIC for increase in median house value (annualised) increase, it is ranked 429th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Darley is offering property investors an average of -3.33. This rate of discount on properties puts Suburb at number 67th in terms of most discounted suburbs in VIC

Renters in Suburb are facing rents around $3870 per annum or $322.5 every week.

Investment property in Darley has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 30.64%

Taking the average capital gain, or increase in median house value, Darley,3340 has racked up an average of 30.64% over the period. This ranks it number 1322th in the whole country for real estate investors looking at median house price increases.

Darley is 62th on a list of best yielding suburbs for rents in VIC with a 5.00% return

Metrics i HOUSE UNIT
$420,000 $307,000
2.44% 4.60%
16.67% 30.64%
6.67% -0.52%
$323 $295
160 17
3.99% 5.00%
26.09 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 7417
Median household income ($/weekly) 1387
Median age of persons 35
Median housing loan repayment ($/monthly) 1606
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1210 16.3
    25-34 years 843 11.4
    35-44 years 1108 14.9
    45-54 years 1160 15.6
    55-64 years 849 11.4
    Others 2248 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 2769 52.0
    Not Married 2021 37.9
    Defacto Relationship 537 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 6225 87.5
    New Zealand 39 0.5
    Papua New Guinea 82 1.2
    United Kingdom 371 5.2
    Other 94 1.3
    Others 301 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 37 0.5
    Christianity 4596 67.8
    Hinduism 18 0.3
    Islam 20 0.3
    No Religion 2089 30.8
    Others 23 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 200 9.2
    $1,000-$1,249 220 10.1
    $1,500-$1,999 340 15.7
    $2,000-$2,499 251 11.6
    $2,500-$2,999 209 9.6
    Others 952 43.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2270 41.6
    Not in the labour force 1701 31.2
    Employed, worked part-time 1102 20.2
    Employed, away from work 193 3.5
    Unemployed, looking for work 186 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 371 10.4
    Professionals 519 14.6
    Technicians & trades workers 633 17.8
    Community & personal service workers 395 11.1
    Clerical & administrative workers 545 15.3
    Others 1099 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 111 5.7
    Infants/Primary 777 39.8
    Secondary 665 34.1
    Technical or Further Educational Institution 127 6.5
    University or other Tertiary Institutions 203 10.4
    Others 67 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7005 98.1
    Flat, unit or apartment 72 1.0
    Semi-detached, row or terrace house, townhouse 65 0.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1284 53.6
    Fully owned 698 29.2
    Rented 400 16.7
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals