Suburb Profile Report for Dimboola VIC (3414)

Dimboola House: Median price $165,000, Annual capital growth 5.47%, Number of sales 41, Weekly median advertised rent $205

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

If you compare the increase in value of investment property in Dimboola, 3414 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 37.50%.

Dimboola,3414 has offered an average of 37.50% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Dimboola is giving property investors an average Vendor Discount of around -6.17%. This puts suburb at number 45th in VIC when ranking the most discounted suburbs.

At number 821 in a list of fastest selling suburbs, Dimboola is in the TOP 30% of suburbs in Australia with an average of days on market 39.7368 for properties listed there.

With the median price for a house in Dimboola being $165000 and the advertised rent reaching $205 the gross rental yield for property investors calculates out to be 6.46%

Metrics i HOUSE UNIT
$165,000 N/A
3.13% N/A
37.50% N/A
5.47% N/A
$205 N/A
41 N/A
6.46% N/A
39.7368421052632 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Excellent (H), Good (U)
Find a mortgage broker in Dimboola VIC
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
Chart Table