Suburb Profile Report for Maiden Gully VIC (3551)

Maiden Gully House: Median price $517,000, Annual capital growth 5.34%, Number of sales 56, Weekly median advertised rent $380

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Investment property in Maiden Gully has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.19%

While Maiden Gully,3551 ranked number 88th in VIC for increase in median house value (annualised) increase, it is ranked 562th over the last 5 years.

Sellers are offering property buyers an average discount of -6.32% to buyers in Maiden Gully at the moment, which is less than average for the rest of VIC.

In the last year 56 properties changed hands in Maiden Gully, which puts it as the 378th most active market in VIC when comparing the number of sales per suburb.

Situated 135.54km from the CBD, Maiden Gully is one of Greater Bendigo (C) localities in the postcode 3551.

Metrics i HOUSE UNIT
$517,000 N/A
3.40% N/A
9.19% N/A
5.34% N/A
$380 N/A
56 N/A
3.82% N/A
94.8837209302326 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4401
Median household income ($/weekly) 1552
Median age of persons 34
Median housing loan repayment ($/monthly) 1603
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 776 17.6
    25-34 years 512 11.6
    35-44 years 732 16.6
    45-54 years 639 14.5
    55-64 years 494 11.2
    Others 1250 28.4
    Age Group
    Census Count Percent(%)
    Registered Married 1890 62.3
    Not Married 845 27.9
    Defacto Relationship 299 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4129 96.0
    New Zealand 15 0.3
    Papua New Guinea 26 0.6
    United Kingdom 71 1.7
    Other 10 0.2
    Others 51 1.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 23 0.6
    Christianity 2889 70.4
    Hinduism 6 0.1
    Islam 4 0.1
    No Religion 1172 28.6
    Others 7 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 104 8.4
    $1,000-$1,249 133 10.8
    $1,250-$1,499 134 10.9
    $1,500-$1,999 238 19.3
    $2,000-$2,499 198 16.0
    Others 427 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1400 43.9
    Employed, worked part-time 815 25.6
    Not in the labour force 749 23.5
    Employed, away from work 150 4.7
    Unemployed, looking for work 72 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 285 12.1
    Professionals 410 17.4
    Technicians & trades workers 403 17.1
    Clerical & administrative workers 349 14.8
    Sales 273 11.6
    Others 640 27.1
    Occupation
    Census Count Percent(%)
    Pre-school 113 9.0
    Infants/Primary 509 40.6
    Secondary 416 33.2
    Technical or Further Educational Institution 85 6.8
    University or other Tertiary Institutions 99 7.9
    Others 32 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4177 99.3
    Caravan, cabin, houseboat 18 0.4
    Flat, unit or apartment 9 0.2
    Semi-detached, row or terrace house, townhouse 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 812 60.1
    Fully owned 422 31.3
    Rented 109 8.1
    Other tenure type 7 0.5
    Tenure Type
Census 2011, ABS
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