Suburb Profile Report for California Gully VIC (3556)

California Gully House: Median price $270,000, Annual capital growth 4.04%, Number of sales 79, Weekly median advertised rent $270

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

VIC has seen average median house prices change by 8.62% which means that California Gully, 3556 has done well for property investors by showing a capital gain of 5.88% over the last year

If we look at median property appreciation over just the last three months, California Gully has given property investors a paper return of 3.85%. This puts Suburb as 132 on a list of fastest fasting appreciating suburbs in VIC

California Gully3556 is located in VIC which offers an average discount of -5.19% to property investors. California Gully itself is showing figures that indicate -6.62% is the average achievable by property buyers investing in the suburb.

At number 2101 in a list of fastest selling suburbs, California Gully is just in the bottom half of suburbs in Australia with an average of days on market 77.57 for properties listed there.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 5.20%, without taking into account capital value appreciation, which has been averaging out at 4.04%.

Metrics i HOUSE UNIT
$270,000 N/A
3.85% N/A
5.88% N/A
4.04% N/A
$270 N/A
79 N/A
5.20% N/A
77.57 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4262
Median household income ($/weekly) 782
Median age of persons 36
Median housing loan repayment ($/monthly) 1127
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 625 14.7
    25-34 years 576 13.5
    35-44 years 514 12.1
    45-54 years 485 11.4
    55-64 years 474 11.1
    Others 1589 37.3
    Age Group
    Census Count Percent(%)
    Not Married 1476 49.3
    Registered Married 1194 39.9
    Defacto Relationship 324 10.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3847 95.0
    Greece 11 0.3
    Papua New Guinea 33 0.8
    United Kingdom 95 2.3
    Other 19 0.5
    Others 45 1.1
    Country of Birth
    Census Count Percent(%)
    Christianity 2570 68.0
    No Religion 1158 30.7
    Buddhism 23 0.6
    Other Religious Groups 23 0.6
    Judaism 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 175 11.6
    $400-$599 271 18.0
    $600-$799 206 13.7
    $800-$999 180 12.0
    $1,500-$1,999 156 10.4
    Others 517 34.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1398 44.3
    Employed, worked full-time 930 29.5
    Employed, worked part-time 563 17.9
    Employed, away from work 132 4.2
    Unemployed, looking for work 130 4.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 199 12.3
    Technicians & trades workers 289 17.9
    Community & personal service workers 186 11.5
    Sales 193 11.9
    Labourers 286 17.7
    Others 465 28.7
    Occupation
    Census Count Percent(%)
    Pre-school 71 7.7
    Infants/Primary 386 41.8
    Secondary 267 28.9
    Technical or Further Educational Institution 99 10.7
    University or other Tertiary Institutions 64 6.9
    Others 37 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3829 95.6
    Flat, unit or apartment 111 2.8
    Semi-detached, row or terrace house, townhouse 50 1.2
    House or flat attached to a shop, office 14 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 572 35.5
    Rented 513 31.8
    Fully owned 510 31.7
    Other tenure type 16 1.0
    Tenure Type
Census 2011, ABS
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