Suburb Profile Report for Cardigan Village VIC (3352)

Cardigan Village House: Median price $345,000, Annual capital growth 4.60%, Number of sales 12, Weekly median advertised rent $440

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

At number 2847th in the list of Australian suburbs ordered by increase in median house value over the last year, Cardigan Village, 3352 is in the BOTTOM 40% with a property value increase of -1.43% recorded in median house prices.

Over the longer term, Cardigan Village has seen property prices show investors a -16.87% return over the last 3 years. This is an improvement over the last 12 months

Sellers are offering property buyers an average discount of -3.80% to buyers in Cardigan Village at the moment, which is less than average for the rest of VIC.

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Metrics i HOUSE UNIT
$345,000 N/A
0.00% N/A
-1.43% N/A
4.60% N/A
$440 N/A
12 N/A
6.63% N/A
55.66 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.

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 505
Median household income ($/weekly) 1458
Median age of persons 31
Median housing loan repayment ($/monthly) 1733
Average household size 2.9
  • Census Count Percent(%)
    0-4 years 58 11.5
    5-14 years 95 18.8
    25-34 years 82 16.2
    35-44 years 74 14.6
    55-64 years 61 12.1
    Others 136 26.9
    Age Group
    Census Count Percent(%)
    Registered Married 198 59.1
    Not Married 82 24.5
    Defacto Relationship 55 16.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 465 94.7
    South Africa 3 0.6
    Sri Lanka 6 1.2
    United Kingdom 10 2.0
    Other 4 0.8
    Others 3 0.6
    Country of Birth
    Census Count Percent(%)
    Christianity 326 68.5
    No Religion 146 30.7
    Buddhism 4 0.8
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 12 7.6
    $800-$999 16 10.2
    $1,250-$1,499 21 13.4
    $1,500-$1,999 26 16.6
    $2,000-$2,499 26 16.6
    Others 56 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 166 48.1
    Not in the labour force 80 23.2
    Employed, worked part-time 70 20.3
    Employed, away from work 15 4.3
    Unemployed, looking for work 14 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 38 15.1
    Technicians & trades workers 53 21.0
    Community & personal service workers 28 11.1
    Clerical & administrative workers 36 14.3
    Labourers 30 11.9
    Others 67 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 18 12.9
    Infants/Primary 67 47.9
    Secondary 25 17.9
    Technical or Further Educational Institution 11 7.9
    University or other Tertiary Institutions 14 10.0
    Others 5 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 491 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    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 112 67.5
    Fully owned 32 19.3
    Rented 22 13.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals