Suburb Profile Report for Mount Pleasant VIC (3350)

Mount Pleasant House: Median price $309,000, Annual capital growth 5.73%, Number of sales 53, Weekly median advertised rent $295

Mount Pleasant Unit: Median price $265,250, Annual capital growth N/A, Number of sales 18, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 4.75% for the last 12 months, Mount Pleasant, 3350 has performed for property investments than its average annual 5.73% property growth over the last 5 years.

While Mount Pleasant,3350 ranked number 597th in VIC for increase in median house value (annualised) increase, it is ranked 521th over the last 5 years.

Property buyers and investors in Mount Pleasant 3350 should be seeing an average reduction in asking price of around -5.86% . This means that Mount Pleasant is holding prices well when compared to other suburbs in VIC.

Mount Pleasant is 102th on a list of best yielding suburbs for rents in VIC with a 4.96% return

If we look at median property appreciation over just the last three months, Mount Pleasant has given property investors a paper return of -3.55%. This puts Suburb as 332 on a list of fastest fasting appreciating suburbs in VIC

Mount Pleasant3350 is located in VIC which offers an average discount of -4.58% to property investors. Mount Pleasant itself is showing figures that indicate -6.47% is the average achievable by property buyers investing in the suburb.

In the last year 18 properties changed hands in Mount Pleasant, which puts it as the 309th most active market in VIC when comparing the number of sales per suburb.

With the median price for a house in Mount Pleasant being $265250 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 5.10%

Metrics i HOUSE UNIT
$309,000 $265,250
-0.56% -3.55%
4.75% N/A
5.73% N/A
$295 $260
53 18
4.96% 5.10%
83.86 133.06

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2122
Median household income ($/weekly) 905
Median age of persons 31
Median housing loan repayment ($/monthly) 1127
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 299 14.1
    20-24 years 214 10.1
    25-34 years 290 13.7
    35-44 years 292 13.8
    45-54 years 261 12.3
    Others 766 36.1
    Age Group
    Census Count Percent(%)
    Not Married 770 50.8
    Registered Married 566 37.3
    Defacto Relationship 181 11.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1801 91.0
    Croatia 17 0.9
    Papua New Guinea 18 0.9
    United Kingdom 53 2.7
    Other 45 2.3
    Others 45 2.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 0.7
    Christianity 1170 62.2
    Islam 11 0.6
    Other Religious Groups 7 0.4
    No Religion 669 35.6
    Others 9 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 106 14.3
    $600-$799 101 13.6
    $800-$999 94 12.7
    $1,000-$1,249 84 11.3
    $1,500-$1,999 90 12.1
    Others 267 36.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 588 37.8
    Employed, worked full-time 501 32.2
    Employed, worked part-time 334 21.5
    Unemployed, looking for work 79 5.1
    Employed, away from work 54 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 184 20.6
    Technicians & trades workers 146 16.4
    Community & personal service workers 108 12.1
    Clerical & administrative workers 107 12.0
    Labourers 105 11.8
    Others 242 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 37 6.2
    Infants/Primary 191 32.1
    Secondary 148 24.9
    Technical or Further Educational Institution 51 8.6
    University or other Tertiary Institutions 147 24.7
    Others 21 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1817 90.9
    Semi-detached, row or terrace house, townhouse 146 7.3
    Flat, unit or apartment 35 1.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 300 37.7
    Being purchased 269 33.8
    Fully owned 223 28.1
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
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