Suburb Profile Report for White Hills VIC (3550)

White Hills House: Median price $319,000, Annual capital growth 3.99%, Number of sales 60, Weekly median advertised rent $330

White Hills Unit: Median price $231,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $290

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

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

  • House Report
  • Unit Report

Property investors who have had real estate in White Hills, 3550 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.08%

White Hills,3550 was ranked 3756 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in White Hills should be aiming for at least -5.11% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in White Hills have been waiting around 72.1915 days to sell a property.

Using the current median advertised rental of $330 and the average annual increase in value of a median property of 3.99%, investors should hope to achieve an overall return of 5.38%

Property investors should expect to get $290 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$319,000 $231,500
-3.33% N/A
2.08% N/A
3.99% N/A
$330 $290
60 10
5.38% 6.51%
72.1914893617021 N/A

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3275
Median household income ($/weekly) 1036
Median age of persons 37
Median housing loan repayment ($/monthly) 1452
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 433 13.2
    25-34 years 410 12.5
    35-44 years 444 13.6
    45-54 years 439 13.4
    55-64 years 362 11.1
    Others 1187 36.2
    Age Group
    Census Count Percent(%)
    Registered Married 1106 47.1
    Not Married 1024 43.6
    Defacto Relationship 217 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2940 94.0
    New Zealand 10 0.3
    Papua New Guinea 14 0.4
    United Kingdom 57 1.8
    Other 38 1.2
    Others 69 2.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.4
    Christianity 2081 70.2
    Hinduism 12 0.4
    Islam 8 0.3
    No Religion 845 28.5
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 135 12.0
    $600-$799 118 10.5
    $1,000-$1,249 132 11.7
    $1,250-$1,499 116 10.3
    $1,500-$1,999 138 12.2
    Others 489 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 942 37.5
    Employed, worked full-time 890 35.4
    Employed, worked part-time 519 20.7
    Employed, away from work 89 3.5
    Unemployed, looking for work 73 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 222 14.8
    Technicians & trades workers 267 17.8
    Clerical & administrative workers 186 12.4
    Sales 180 12.0
    Labourers 200 13.4
    Others 442 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 54 7.3
    Infants/Primary 277 37.3
    Secondary 220 29.6
    Technical or Further Educational Institution 81 10.9
    University or other Tertiary Institutions 85 11.4
    Others 26 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2924 95.9
    Semi-detached, row or terrace house, townhouse 24 0.8
    Flat, unit or apartment 84 2.8
    Caravan, cabin, houseboat 4 0.1
    House or flat attached to a shop, office 9 0.3
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 461 38.4
    Fully owned 416 34.7
    Rented 314 26.2
    Other tenure type 8 0.7
    Tenure Type
Census 2011, ABS
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