Suburb Profile Report for Tatura VIC (3616)

Tatura House: Median price $264,500, Annual capital growth 4.12%, Number of sales 63, Weekly median advertised rent $295

Tatura Unit: Median price $205,000, Annual capital growth 6.77%, Number of sales 19, Weekly median advertised rent $215

  • 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
  • Unit Report

Property investors who have had real estate in Tatura, 3616 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.50%

Taking the average capital gain, or increase in median house value, Tatura,3616 has racked up an average of 14.50% over the period. This ranks it number 1038th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Tatura, 3616. Typically our figures indicate that -6.54% is being offered, which puts this VIC suburb at 1709th most discounted overall in Australia.

A $295 per week rent on the median house gives suburb investors a gross yield of circa 5.80%, without taking into account capital value appreciation, which has been averaging out at 4.12%.

Property investors who have had real estate in Tatura, 3616 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.77%

Across a shorter period, Tatura, 3616 has seen a median price increase of -3.53% over the last quarter.

Tatura3616 is located in VIC which offers an average discount of -6.24% to property investors. Tatura itself is showing figures that indicate -4.48% is the average achievable by property buyers investing in the suburb.

At number 820 in a list of fastest selling suburbs, Tatura is in the bottom 40% of suburbs in Australia with an average of days on market 85.9231 for properties listed there.

Using the current median advertised rental of $215 and the average annual increase in value of a median property of 6.77%, investors should hope to achieve an overall return of 5.45%

Metrics i HOUSE UNIT
$264,500 $205,000
3.73% -3.53%
14.50% 6.77%
4.12% 6.77%
$295 $215
63 19
5.80% 5.45%
121.925 85.9230769230769

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), 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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