Suburb Profile Report for Buninyong VIC (3357)

Buninyong House: Median price $482,500, Annual capital growth 7.70%, Number of sales 54, Weekly median advertised rent $350

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

Buninyong has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.56% to date .

If we look at median property appreciation over just the last three months, Buninyong has given property investors a paper return of 2.66%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in VIC

At number 311th of VIC’s most discounted properties, Buninyong is in the middle of the state/territory when listing in order of most discounted to least.

Residents and property investors in Buninyong have been waiting around 70.51 days to sell a property.

With the median price for a house in Buninyong being $482500 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.77%

Metrics i HOUSE UNIT
$482,500 N/A
2.66% N/A
11.56% N/A
7.70% N/A
$350 N/A
54 N/A
3.77% N/A
70.51 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Buninyong VIC
Demographics
Total population 3244
Median household income ($/weekly) 1323
Median age of persons 39
Median housing loan repayment ($/monthly) 1437
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 479 14.8
    25-34 years 313 9.6
    35-44 years 468 14.4
    45-54 years 472 14.5
    55-64 years 475 14.6
    Others 1037 32.0
    Age Group
    Census Count Percent(%)
    Registered Married 1393 60.2
    Not Married 744 32.2
    Defacto Relationship 177 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2809 89.5
    New Zealand 23 0.7
    Papua New Guinea 18 0.6
    United Kingdom 174 5.5
    Other 22 0.7
    Others 92 2.9
    Country of Birth
    Census Count Percent(%)
    Christianity 1999 68.3
    No Religion 905 30.9
    Buddhism 15 0.5
    Other Religious Groups 6 0.2
    Hinduism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 106 10.1
    $1,000-$1,249 105 10.0
    $1,500-$1,999 142 13.5
    $2,000-$2,499 117 11.2
    $2,500-$2,999 98 9.3
    Others 481 45.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 939 38.3
    Not in the labour force 776 31.7
    Employed, worked part-time 560 22.9
    Employed, away from work 92 3.8
    Unemployed, looking for work 82 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 208 13.0
    Professionals 440 27.6
    Technicians & trades workers 251 15.7
    Community & personal service workers 158 9.9
    Clerical & administrative workers 221 13.9
    Others 317 19.9
    Occupation
    Census Count Percent(%)
    Pre-school 56 6.5
    Infants/Primary 327 37.8
    Secondary 242 27.9
    Technical or Further Educational Institution 61 7.0
    University or other Tertiary Institutions 160 18.5
    Others 20 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2965 96.9
    Flat, unit or apartment 64 2.1
    Semi-detached, row or terrace house, townhouse 30 1.0
    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 496 43.9
    Fully owned 472 41.8
    Rented 156 13.8
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals