Suburb Profile Report for Ouyen VIC (3490)

Ouyen House: Median price $130,000, Annual capital growth 6.82%, Number of sales 17, Weekly median advertised rent $175

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

Source: CoreLogic

  • House Report

Ouyen has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -0.76% to date .

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ouyen has increased when compared to the 5 year average annual rate.

A $175 per week rent on the median house gives suburb investors a gross yield of circa 7.00%, without taking into account capital value appreciation, which has been averaging out at 6.82%.

Metrics i HOUSE UNIT
$130,000 N/A
4.00% N/A
-0.76% N/A
6.82% N/A
$175 N/A
17 N/A
7.00% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1082
Median household income ($/weekly) 795
Median age of persons 48
Median housing loan repayment ($/monthly) 780
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 119 11.0
    35-44 years 111 10.3
    45-54 years 148 13.7
    55-64 years 174 16.1
    75-84 years 111 10.3
    Others 418 38.7
    Age Group
    Census Count Percent(%)
    Registered Married 409 54.9
    Not Married 284 38.1
    Defacto Relationship 52 7.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 962 94.8
    Indonesia 8 0.8
    Papua New Guinea 6 0.6
    United Kingdom 18 1.8
    Other 8 0.8
    Others 13 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 766 78.8
    No Religion 184 18.9
    Other Religious Groups 11 1.1
    Buddhism 8 0.8
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 48 13.0
    $400-$599 53 14.4
    $600-$799 47 12.7
    $1,000-$1,249 34 9.2
    $1,500-$1,999 35 9.5
    Others 152 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 379 44.3
    Employed, worked full-time 284 33.2
    Employed, worked part-time 131 15.3
    Employed, away from work 41 4.8
    Unemployed, looking for work 21 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 97 21.4
    Professionals 63 13.9
    Technicians & trades workers 56 12.4
    Machinery operators & drivers 50 11.0
    Labourers 64 14.1
    Others 123 27.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 72 38.3
    Secondary 67 35.6
    Pre-school 20 10.6
    Technical or Further Educational Institution 17 9.0
    University or other Tertiary Institutions 12 6.4
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 917 96.2
    Flat, unit or apartment 15 1.6
    Semi-detached, row or terrace house, townhouse 12 1.3
    House or flat attached to a shop, office 5 0.5
    Caravan, cabin, houseboat 4 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 223 54.4
    Rented 97 23.7
    Being purchased 87 21.2
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
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