Suburb Profile Report for Rutherglen VIC (3685)

Rutherglen House: Median price $270,000, Annual capital growth 3.38%, Number of sales 45, Weekly median advertised rent $278

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

Rutherglen, 3685 ranked 347th in VIC when comparing growth in median property values or capital gain over the last 12 months. Rutherglen is one of 2099 in our list for VIC

Over the longer term, Rutherglen has seen property prices show investors a 23.85% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Rutherglen is giving property investors an average Vendor Discount of around -5.75%. This puts suburb at number 237th in VIC when ranking the most discounted suburbs.

Residents and property investors in Rutherglen have been waiting around 104.91 days to sell a property.

Using the current median advertised rental of $277.5 and the average annual increase in value of a median property of 3.38%, investors should hope to achieve an overall return of 5.34%

Metrics i HOUSE UNIT
$270,000 N/A
1.89% N/A
4.25% N/A
3.38% N/A
$278 N/A
45 N/A
5.34% N/A
104.91 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Above average (U)
Find a mortgage broker in Rutherglen VIC
Demographics
Total population 2479
Median household income ($/weekly) 962
Median age of persons 44
Median housing loan repayment ($/monthly) 1331
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 307 12.4
    35-44 years 315 12.7
    45-54 years 352 14.2
    55-64 years 402 16.2
    65-74 years 256 10.3
    Others 848 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 929 51.7
    Not Married 671 37.3
    Defacto Relationship 197 11.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2215 93.0
    Greece 11 0.5
    New Zealand 18 0.8
    Papua New Guinea 35 1.5
    United Kingdom 72 3.0
    Others 30 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 1703 74.4
    No Religion 565 24.7
    Buddhism 16 0.7
    Other Religious Groups 5 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 96 10.9
    $400-$599 109 12.4
    $600-$799 115 13.1
    $1,000-$1,249 96 10.9
    $1,500-$1,999 115 13.1
    Others 349 39.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 741 37.7
    Employed, worked full-time 706 36.0
    Employed, worked part-time 360 18.3
    Employed, away from work 107 5.5
    Unemployed, looking for work 49 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 191 16.2
    Professionals 167 14.2
    Technicians & trades workers 154 13.1
    Clerical & administrative workers 135 11.5
    Labourers 232 19.7
    Others 298 25.3
    Occupation
    Census Count Percent(%)
    Pre-school 42 8.0
    Infants/Primary 201 38.1
    Secondary 167 31.7
    Technical or Further Educational Institution 54 10.2
    University or other Tertiary Institutions 50 9.5
    Others 13 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2083 91.7
    Semi-detached, row or terrace house, townhouse 86 3.8
    Flat, unit or apartment 79 3.5
    House or flat attached to a shop, office 24 1.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 379 39.2
    Being purchased 339 35.1
    Rented 242 25.1
    Other tenure type 6 0.6
    Tenure Type
Census 2011, ABS
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