Suburb Profile Report for Hepburn Springs VIC (3461)

Hepburn Springs House: Median price $570,000, Annual capital growth 7.18%, Number of sales 22, Weekly median advertised rent $390

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

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 1332th in the list of Australian suburbs ordered by increase in median house value over the last year, Hepburn Springs, 3461 is in the top 40% with a property value increase of 4.59% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Hepburn Springs,3461 has racked up an average of 4.59% over the period. This ranks it number 793th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Hepburn Springs, 3461. Typically our figures indicate that -6.08% is being offered, which puts this VIC suburb at 1589th most discounted overall in Australia.

Hepburn Springs is 278th on a list of best yielding suburbs for rents in VIC with a 3.56% return

Metrics i HOUSE UNIT
$570,000 N/A
-4.20% N/A
4.59% N/A
7.18% N/A
$390 N/A
22 N/A
3.56% N/A
87.15 N/A

Source: Monthly data update for Jun 2020 as supplied by CoreLogic. Data is reported to the period ending Mar 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Below average (U)
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Demographics
Total population 240
Median household income ($/weekly) 617
Median age of persons 54
Median housing loan repayment ($/monthly) 2167
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 21 8.7
    35-44 years 23 9.5
    45-54 years 42 17.4
    55-64 years 48 19.8
    65-74 years 24 9.9
    Others 84 34.7
    Age Group
    Census Count Percent(%)
    Not Married 92 57.5
    Registered Married 53 33.1
    Defacto Relationship 15 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 188 84.7
    Bosnia and Herzegovina 3 1.4
    Indonesia 4 1.8
    South Eastern Europe 4 1.8
    United Kingdom 14 6.3
    Others 9 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 107 49.1
    No Religion 94 43.1
    Buddhism 8 3.7
    Other Religious Groups 6 2.8
    Islam 3 1.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 16 17.8
    $400-$599 15 16.7
    $600-$799 12 13.3
    $1,000-$1,249 9 10.0
    $1,250-$1,499 8 8.9
    Others 30 33.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 88 44.2
    Employed, worked full-time 53 26.6
    Employed, worked part-time 49 24.6
    Unemployed, looking for work 6 3.0
    Employed, away from work 3 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 20 19.8
    Professionals 19 18.8
    Technicians & trades workers 11 10.9
    Community & personal service workers 23 22.8
    Labourers 13 12.9
    Others 15 14.9
    Occupation
    Census Count Percent(%)
    Secondary 11 39.3
    Infants/Primary 7 25.0
    University or other Tertiary Institutions 7 25.0
    Pre-school 3 10.7
    Technical or Further Educational Institution 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 184 96.8
    Flat, unit or apartment 3 1.6
    House or flat attached to a shop, office 3 1.6
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 44 42.3
    Fully owned 38 36.5
    Being purchased 22 21.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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