Suburb Profile Report for Mount Beauty VIC (3699)

Mount Beauty House: Median price $300,000, Annual capital growth 5.32%, Number of sales 29, Weekly median advertised rent $295

  • 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

Over the last year, property investments in Mount Beauty, 3699 have given investors a capital gain of 9.49%. This compares very favourably with the -1.79% for VIC as a whole.

Mount Beauty,3699 has offered an average of 9.49% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Mount Beauty 3699 should be seeing an average reduction in asking price of around -5.07% . This means that Mount Beauty is holding prices well when compared to other suburbs in VIC.

With the median price for a house in Mount Beauty being $300000 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 5.11%

Metrics i HOUSE UNIT
$300,000 N/A
-0.99% N/A
9.49% N/A
5.32% N/A
$295 N/A
29 N/A
5.11% N/A
78.5238095238095 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 : Good (H), Balanced (U)
Find a mortgage broker in Mount Beauty VIC
Demographics
Total population 818
Median household income ($/weekly) 687
Median age of persons 45
Median housing loan repayment ($/monthly) 867
Average household size 2
  • Census Count Percent(%)
    35-44 years 104 12.7
    45-54 years 99 12.1
    55-64 years 121 14.8
    65-74 years 88 10.7
    75-84 years 83 10.1
    Others 324 39.6
    Age Group
    Census Count Percent(%)
    Not Married 273 47.6
    Registered Married 235 41.0
    Defacto Relationship 65 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 643 82.4
    Greece 18 2.3
    Papua New Guinea 13 1.7
    United Kingdom 47 6.0
    Other 18 2.3
    Others 41 5.3
    Country of Birth
    Census Count Percent(%)
    Christianity 403 54.8
    No Religion 305 41.5
    Buddhism 19 2.6
    Other Religious Groups 5 0.7
    Islam 3 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 39 12.1
    $400-$599 51 15.8
    $600-$799 57 17.6
    $800-$999 40 12.4
    $1,000-$1,249 31 9.6
    Others 105 32.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 315 48.5
    Employed, worked full-time 151 23.3
    Employed, worked part-time 133 20.5
    Employed, away from work 28 4.3
    Unemployed, looking for work 22 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 46 14.8
    Technicians & trades workers 52 16.8
    Community & personal service workers 45 14.5
    Sales 37 11.9
    Labourers 54 17.4
    Others 76 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 15 10.4
    Infants/Primary 41 28.5
    Secondary 57 39.6
    Technical or Further Educational Institution 11 7.6
    University or other Tertiary Institutions 12 8.3
    Others 8 5.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 701 98.0
    Flat, unit or apartment 8 1.1
    House or flat attached to a shop, office 6 0.8
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 144 41.7
    Rented 102 29.6
    Being purchased 94 27.2
    Other tenure type 5 1.4
    Tenure Type
Census 2011, ABS
Chart Table