Suburb Profile Report for Cardigan Village VIC (3352)

Cardigan Village House: Median price $376,000, Annual capital growth -9.84%, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 1.62% for the last 12 months, Cardigan Village, 3352 has performed for property investments than its average annual -9.84% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Cardigan Village has given property investors a paper return of -22.47%. This puts Suburb as 700 on a list of fastest fasting appreciating suburbs in VIC

Vendor discounting in Cardigan Village is giving property investors an average Vendor Discount of around -5.49%. This puts suburb at number 228th in VIC when ranking the most discounted suburbs.

The VIC suburb of Cardigan Village, 3352 is in the Ballarat local government area.

Metrics i HOUSE UNIT
$376,000 N/A
-22.47% N/A
1.62% N/A
-9.84% N/A
N/A N/A
10 N/A
N/A N/A
57.41 N/A

Source: CoreLogic

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