Suburb Profile Report for Wollert VIC (3750)

Wollert House: Median price $500,000, Annual capital growth 2.99%, Number of sales 259, Weekly median advertised rent $353

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Wollert, 3750 have given investors a capital gain of 9.91%. This compares badly with the 11.73% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Wollert,3750 has racked up an average of 9.91% over the period. This ranks it number 1311th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Wollert is $500000, with sellers offering an average of -4.12% off the asking price.

Often selling an investment property can take time, and in Wollert the average time real estate has been on the market is 107.29 days.

Metrics i HOUSE UNIT
$500,000 N/A
3.09% N/A
9.91% N/A
2.99% N/A
$353 N/A
259 N/A
3.67% N/A
107.29 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 509
Median household income ($/weekly) 1375
Median age of persons 37
Median housing loan repayment ($/monthly) 2400
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 48 9.4
    25-34 years 99 19.4
    35-44 years 61 12.0
    45-54 years 74 14.5
    55-64 years 68 13.3
    Others 160 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 249 60.3
    Not Married 125 30.3
    Defacto Relationship 39 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 331 67.0
    Germany 18 3.6
    Indonesia 15 3.0
    Japan 34 6.9
    Other 14 2.8
    Others 82 16.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 4 0.8
    Christianity 377 78.1
    Hinduism 6 1.2
    Islam 48 9.9
    No Religion 44 9.1
    Others 4 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 16 9.9
    $1,000-$1,249 21 13.0
    $1,250-$1,499 19 11.8
    $1,500-$1,999 19 11.8
    $2,000-$2,499 25 15.5
    Others 61 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 196 46.6
    Not in the labour force 138 32.8
    Employed, worked part-time 58 13.8
    Employed, away from work 19 4.5
    Unemployed, looking for work 10 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 58 21.1
    Professionals 35 12.7
    Technicians & trades workers 35 12.7
    Clerical & administrative workers 51 18.5
    Machinery operators & drivers 30 10.9
    Others 66 24.0
    Occupation
    Census Count Percent(%)
    Pre-school 6 7.6
    Infants/Primary 28 35.4
    Secondary 16 20.3
    Technical or Further Educational Institution 9 11.4
    University or other Tertiary Institutions 14 17.7
    Others 6 7.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 509 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 83 47.7
    Fully owned 63 36.2
    Rented 25 14.4
    Other tenure type 3 1.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals