Suburb Profile Report for Nagambie VIC (3608)

Nagambie House: Median price $350,500, Annual capital growth 4.69%, Number of sales 40, Weekly median advertised rent $350

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

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

  • House Report

Property value increases in Nagambie have tracked just lower than the VIC average of -1.79% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Nagambie comes in at number 538th in VIC.

Vendor discounting in Nagambie is giving property investors an average Vendor Discount of around -5.51%. This puts suburb at number 458th in VIC when ranking the most discounted suburbs.

In the last year 40 properties changed hands in Nagambie, which puts it as the 450th most active market in VIC when comparing the number of sales per suburb.

Advertised rents are around the $350 mark per week – giving a return of 5.19% based on the median price in Suburb

Metrics i HOUSE UNIT
$350,500 N/A
0.14% N/A
-8.96% N/A
4.69% N/A
$350 N/A
40 N/A
5.19% N/A
88.2962962962963 N/A

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

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1547
Median household income ($/weekly) 790
Median age of persons 46
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 158 10.2
    35-44 years 180 11.6
    45-54 years 201 13.0
    55-64 years 213 13.8
    65-74 years 183 11.8
    Others 612 39.6
    Age Group
    Census Count Percent(%)
    Registered Married 524 46.2
    Not Married 515 45.4
    Defacto Relationship 95 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1294 89.5
    Japan 12 0.8
    Papua New Guinea 17 1.2
    United Kingdom 50 3.5
    Other 14 1.0
    Others 59 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 11 0.8
    Christianity 1073 74.3
    Hinduism 4 0.3
    Other Religious Groups 4 0.3
    No Religion 349 24.2
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 72 12.5
    $400-$599 87 15.1
    $600-$799 73 12.7
    $800-$999 71 12.3
    $1,500-$1,999 59 10.2
    Others 214 37.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 555 45.3
    Employed, worked full-time 407 33.2
    Employed, worked part-time 180 14.7
    Employed, away from work 44 3.6
    Unemployed, looking for work 39 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 101 15.8
    Professionals 64 10.0
    Technicians & trades workers 97 15.2
    Clerical & administrative workers 70 11.0
    Labourers 118 18.5
    Others 188 29.5
    Occupation
    Census Count Percent(%)
    Pre-school 33 12.3
    Infants/Primary 94 34.9
    Secondary 85 31.6
    Technical or Further Educational Institution 33 12.3
    University or other Tertiary Institutions 14 5.2
    Others 10 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1278 91.5
    Semi-detached, row or terrace house, townhouse 41 2.9
    Flat, unit or apartment 19 1.4
    Caravan, cabin, houseboat 26 1.9
    House or flat attached to a shop, office 30 2.1
    Others 3 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 267 44.7
    Being purchased 163 27.3
    Rented 162 27.1
    Other tenure type 5 0.8
    Tenure Type
Census 2011, ABS
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