Suburb Profile Report for Jackass Flat VIC (3556)

Jackass Flat House: Median price $316,250, Annual capital growth 2.38%, Number of sales 42, Weekly median advertised rent $340

  • 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

At number 1330th in the list of Australian suburbs ordered by increase in median house value over the last year, Jackass Flat, 3556 is in the top 40% with a property value increase of 2.35% recorded in median house prices.

Jackass Flat,3556 was ranked 2043 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Jackass Flat are currently offering property investors an average price cut of -3.11% below the asking price at the moment.

At number 1736 in a list of fastest selling suburbs, Jackass Flat is just in the top half of suburbs in Australia with an average of days on market 74.0323 for properties listed there.

With the median price for a house in Jackass Flat being $316250 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 5.59%

Metrics i HOUSE UNIT
$316,250 N/A
-0.39% N/A
2.35% N/A
2.38% N/A
$340 N/A
42 N/A
5.59% N/A
74.0322580645161 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 : Good (H), Above average (U)
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Demographics
Total population 301
Median household income ($/weekly) 990
Median age of persons 42
Median housing loan repayment ($/monthly) 1408
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 44 14.6
    25-34 years 27 9.0
    35-44 years 37 12.3
    45-54 years 49 16.3
    55-64 years 46 15.3
    Others 98 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 128 58.4
    Not Married 82 37.4
    Defacto Relationship 9 4.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 275 97.2
    United Kingdom 5 1.8
    Greece 3 1.1
    Bosnia and Herzegovina 0 0.0
    Canada 0 0.0
    Others 0 0.0
    Country of Birth
    Census Count Percent(%)
    Christianity 221 78.9
    No Religion 59 21.1
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 12 12.5
    $600-$799 16 16.7
    $800-$999 13 13.5
    $1,000-$1,249 10 10.4
    $1,500-$1,999 10 10.4
    Others 35 36.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 87 36.6
    Employed, worked full-time 85 35.7
    Employed, worked part-time 49 20.6
    Employed, away from work 11 4.6
    Unemployed, looking for work 6 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 19 12.6
    Professionals 20 13.2
    Technicians & trades workers 19 12.6
    Sales 21 13.9
    Labourers 20 13.2
    Others 52 34.4
    Occupation
    Census Count Percent(%)
    Pre-school 6 8.0
    Infants/Primary 25 33.3
    Secondary 26 34.7
    Technical or Further Educational Institution 6 8.0
    University or other Tertiary Institutions 9 12.0
    Others 3 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 264 95.0
    Flat, unit or apartment 14 5.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 46 43.8
    Being purchased 46 43.8
    Rented 13 12.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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