Suburb Profile Report for Dimboola VIC (3414)

Dimboola House: Median price $120,000, Annual capital growth 2.84%, Number of sales 27, Weekly median advertised rent $200

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Dimboola is in the bottom 10% in VIC when comparing median price capital growth over the last year. Dimboola gave property investors a dismal capital gain figure when compared to the rest of the state, with -14.29%.

If we look at median property appreciation over just the last three months, Dimboola has given property investors a paper return of -17.24%. This puts Suburb as 698 on a list of fastest fasting appreciating suburbs in VIC

Sellers are offering property buyers an average discount of -13.36% to buyers in Dimboola at the moment, which is less than average for the rest of VIC.

A $200 per week rent on the median house gives suburb investors a gross yield of circa 8.67%, without taking into account capital value appreciation, which has been averaging out at 2.84%.

Metrics i HOUSE UNIT
$120,000 N/A
-17.24% N/A
-14.29% N/A
2.84% N/A
$200 N/A
27 N/A
8.67% N/A
91.2272727272727 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Below average (U)
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Demographics
Total population 1663
Median household income ($/weekly) 772
Median age of persons 49
Median housing loan repayment ($/monthly) 889
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 211 12.7
    35-44 years 176 10.6
    45-54 years 247 14.9
    55-64 years 254 15.3
    65-74 years 182 10.9
    Others 593 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 641 51.9
    Not Married 513 41.6
    Defacto Relationship 80 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1498 93.9
    New Zealand 11 0.7
    Papua New Guinea 9 0.6
    United Kingdom 36 2.3
    Other 9 0.6
    Others 32 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 1136 74.5
    No Religion 370 24.3
    Buddhism 6 0.4
    Islam 6 0.4
    Other Religious Groups 6 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 99 16.2
    $400-$599 92 15.0
    $600-$799 82 13.4
    $800-$999 77 12.6
    $1,000-$1,249 53 8.7
    Others 209 34.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 682 51.8
    Employed, worked full-time 375 28.5
    Employed, worked part-time 185 14.1
    Employed, away from work 45 3.4
    Unemployed, looking for work 29 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 105 17.3
    Professionals 87 14.3
    Community & personal service workers 71 11.7
    Machinery operators & drivers 95 15.7
    Labourers 69 11.4
    Others 180 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 17 5.5
    Infants/Primary 132 42.7
    Secondary 107 34.6
    Technical or Further Educational Institution 16 5.2
    University or other Tertiary Institutions 31 10.0
    Others 6 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1497 96.9
    Flat, unit or apartment 23 1.5
    House or flat attached to a shop, office 18 1.2
    Caravan, cabin, houseboat 7 0.5
    Semi-detached, row or terrace house, townhouse 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 370 55.0
    Being purchased 178 26.4
    Rented 120 17.8
    Other tenure type 5 0.7
    Tenure Type
Census 2011, ABS
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