Suburb Profile Report for St Arnaud VIC (3478)

St Arnaud House: Median price $157,500, Annual capital growth 3.62%, Number of sales 50, Weekly median advertised rent $210

  • 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.

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  • House Report

Over the last year, property investments in St Arnaud, 3478 have given investors a capital gain of 6.78%. This compares very favourably with the -1.79% for VIC as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, St Arnaud comes in at number 417th in VIC.

The most recent median price for St Arnaud is $157500, with sellers offering an average of -8.85% off the asking price.

St Arnaud is 15th on a list of best yielding suburbs for rents in VIC with a 6.93% return

Information supplied by:


April 2019

M
O

W
E

Steady growth and affordable house market

Postcode: 3478

Median house price: $150,000

Three-year growth: 7.5%

Rental yield: 7.1%

Named for Jacques Leroy de Saint Arnaud, a French marshal in the Crimean War, the Victorian suburb of St Arnaud was once a gold-mining town that was first settled in the 1850s.

Historic architectures can be found along Napier Street, along with a large number of pubs. There are also many gardens – including Pioneer Park, the last Edna Walling-designed public park in Australia. Lord Nelson Park contains sports facilities and the Lord Nelson Mine, while the Queen Mary Gardens are known for its pond and exotic plant life.

St Arnaud Range National Park is a short driving distance from the suburb, and the Teddington Reservoir is found here.

Houses are very affordable here at a median price of $150,000. The market is also doing well, with a steady streak of positive growth over the five years to January 2019.

Metrics i HOUSE UNIT
$157,500 N/A
3.62% N/A
6.78% N/A
3.62% N/A
$210 N/A
50 N/A
6.93% N/A
84.6666666666667 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 2618
Median household income ($/weekly) 725
Median age of persons 47
Median housing loan repayment ($/monthly) 867
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 338 12.9
    35-44 years 312 11.9
    45-54 years 327 12.5
    55-64 years 408 15.6
    65-74 years 334 12.8
    Others 900 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 978 51.0
    Not Married 763 39.8
    Defacto Relationship 175 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2373 94.6
    New Zealand 10 0.4
    Papua New Guinea 16 0.6
    United Kingdom 53 2.1
    Other 18 0.7
    Others 39 1.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1899 78.3
    No Religion 501 20.7
    Buddhism 9 0.4
    Other Religious Groups 9 0.4
    Islam 6 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 132 13.6
    $400-$599 177 18.3
    $600-$799 148 15.3
    $800-$999 119 12.3
    $1,500-$1,999 95 9.8
    Others 297 30.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 919 44.2
    Employed, worked full-time 644 31.0
    Employed, worked part-time 396 19.0
    Employed, away from work 65 3.1
    Unemployed, looking for work 56 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 197 17.9
    Professionals 126 11.4
    Technicians & trades workers 154 14.0
    Sales 105 9.5
    Labourers 220 20.0
    Others 300 27.2
    Occupation
    Census Count Percent(%)
    Pre-school 28 5.9
    Infants/Primary 213 44.9
    Secondary 184 38.8
    Technical or Further Educational Institution 25 5.3
    University or other Tertiary Institutions 18 3.8
    Others 6 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2326 96.4
    Flat, unit or apartment 34 1.4
    Semi-detached, row or terrace house, townhouse 32 1.3
    House or flat attached to a shop, office 13 0.5
    Caravan, cabin, houseboat 7 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 516 48.9
    Being purchased 308 29.2
    Rented 229 21.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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