Suburb Profile Report for Tatura VIC (3616)

Tatura House: Median price $277,500, Annual capital growth 3.23%, Number of sales 52, Weekly median advertised rent $280

Tatura Unit: Median price $215,000, Annual capital growth 4.88%, Number of sales 14, Weekly median advertised rent $230

  • 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

Investment property in Tatura 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 13.27%

The five-year average increase in median property values for Tatura,3616 has given property investors a potential capital gain of 15.38% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Tatura is offering property investors an average of -6.51. This rate of discount on properties puts Suburb at number 313th in terms of most discounted suburbs in VIC

Property investors should expect to get $280 weekly from the median priced house in this suburb.

Tatura is an average performer in VIC when comparing median price capital growth over the last year. Tatura gave property investors a average capital gain figure when compared to the rest of the state, with 4.88%.

With the median price for a house in Tatura being $215000 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.56%

Metrics i HOUSE UNIT
$277,500 $215,000
0.00% -0.58%
13.27% 4.88%
3.23% 4.88%
$280 $230
52 14
5.25% 5.56%
113.351351351351 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 4447
Median household income ($/weekly) 953
Median age of persons 41
Median housing loan repayment ($/monthly) 1322
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 596 13.4
    35-44 years 585 13.2
    45-54 years 632 14.2
    55-64 years 543 12.2
    65-74 years 433 9.7
    Others 1659 37.3
    Age Group
    Census Count Percent(%)
    Registered Married 1731 53.6
    Not Married 1235 38.2
    Defacto Relationship 264 8.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 3728 88.7
    Japan 149 3.5
    Papua New Guinea 50 1.2
    Turkey 48 1.1
    United Kingdom 72 1.7
    Others 154 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 35 0.9
    Christianity 3005 73.7
    Islam 84 2.1
    Other Religious Groups 26 0.6
    No Religion 919 22.6
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 230 15.2
    $600-$799 164 10.8
    $800-$999 167 11.0
    $1,000-$1,249 151 10.0
    $1,500-$1,999 180 11.9
    Others 622 41.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1336 39.6
    Employed, worked full-time 1216 36.0
    Employed, worked part-time 598 17.7
    Employed, away from work 133 3.9
    Unemployed, looking for work 95 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 319 16.4
    Professionals 313 16.1
    Technicians & trades workers 263 13.5
    Clerical & administrative workers 220 11.3
    Labourers 346 17.8
    Others 486 25.0
    Occupation
    Census Count Percent(%)
    Pre-school 74 8.0
    Infants/Primary 357 38.8
    Secondary 333 36.2
    Technical or Further Educational Institution 73 7.9
    University or other Tertiary Institutions 57 6.2
    Others 26 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3832 92.4
    Flat, unit or apartment 194 4.7
    Semi-detached, row or terrace house, townhouse 60 1.4
    Caravan, cabin, houseboat 38 0.9
    House or flat attached to a shop, office 23 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 643 39.7
    Being purchased 581 35.8
    Rented 383 23.6
    Other tenure type 14 0.9
    Tenure Type
Census 2011, ABS
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