Suburb Profile Report for Seymour VIC (3660)

Seymour House: Median price $302,000, Annual capital growth 5.54%, Number of sales 98, Weekly median advertised rent $300

Seymour Unit: Median price $197,500, Annual capital growth 11.74%, Number of sales 12, Weekly median advertised rent $245

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Seymour has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 5.50% to date .

Taking the average capital gain, or increase in median house value, Seymour,3660 has racked up an average of 5.50% over the period. This ranks it number 545th in the whole country for real estate investors looking at median house price increases.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in Seymour itself are offering an average vendor discount of -9.35% to real estate investors.

Often selling an investment property can take time, and in Seymour the average time real estate has been on the market is 87.7778 days.

The VIC suburb of Seymour, 3660 is in the Mitchell (S) local government area.

If you compare the increase in value of investment property in Seymour, 3660 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 16.06%.

Over the longer term, Seymour has seen property prices show investors a 3.95% return over the last 3 years. This is an improvement over the last 12 months

Metrics i HOUSE UNIT
$302,000 $197,500
0.67% -25.89%
5.50% 16.06%
5.54% 11.74%
$300 $245
98 12
5.17% 6.45%
87.7777777777778 N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Seymour VIC
Demographics
Total population 6369
Median household income ($/weekly) 829
Median age of persons 42
Median housing loan repayment ($/monthly) 1127
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 799 12.5
    25-34 years 625 9.8
    35-44 years 698 11.0
    45-54 years 930 14.6
    55-64 years 914 14.4
    Others 2403 37.7
    Age Group
    Census Count Percent(%)
    Not Married 2259 49.0
    Registered Married 1927 41.8
    Defacto Relationship 427 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 5312 90.1
    Croatia 64 1.1
    Japan 48 0.8
    United Kingdom 164 2.8
    Other 65 1.1
    Others 245 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 27 0.5
    Christianity 3904 69.9
    Islam 15 0.3
    Other Religious Groups 28 0.5
    No Religion 1607 28.8
    Others 6 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 231 10.2
    $400-$599 339 15.0
    $600-$799 301 13.3
    $800-$999 268 11.8
    $1,500-$1,999 214 9.4
    Others 914 40.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2047 42.1
    Employed, worked full-time 1515 31.2
    Employed, worked part-time 896 18.4
    Unemployed, looking for work 212 4.4
    Employed, away from work 188 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 314 12.1
    Technicians & trades workers 390 15.0
    Community & personal service workers 320 12.3
    Clerical & administrative workers 318 12.2
    Labourers 451 17.3
    Others 808 31.1
    Occupation
    Census Count Percent(%)
    Pre-school 71 5.5
    Infants/Primary 456 35.2
    Secondary 455 35.1
    Technical or Further Educational Institution 165 12.7
    University or other Tertiary Institutions 80 6.2
    Others 69 5.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5368 92.6
    Flat, unit or apartment 253 4.4
    Semi-detached, row or terrace house, townhouse 129 2.2
    Caravan, cabin, houseboat 24 0.4
    House or flat attached to a shop, office 21 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 872 35.8
    Rented 843 34.6
    Being purchased 700 28.8
    Other tenure type 18 0.7
    Tenure Type
Census 2011, ABS
Chart Table