Suburb Profile Report for Healesville VIC (3777)

Healesville House: Median price $575,000, Annual capital growth 6.37%, Number of sales 87, Weekly median advertised rent $400

Healesville Unit: Median price $420,000, Annual capital growth 3.88%, Number of sales 21, Weekly median advertised rent $370

  • 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.

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Property value increases in Healesville have tracked close to the VIC average of -1.79% over the last 12 months.

The five-year average increase in median property values for Healesville,3777 has given property investors a potential capital gain of 48.39% across each of those five years.

At number 99th of VIC’s most discounted properties, Healesville is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Advertised rents are around the $400 mark per week – giving a return of 3.62% based on the median price in Suburb

Property value increases in Healesville have tracked just lower than the VIC average of 0.68% over the last 12 months.

While Healesville,3777 ranked number 21th in VIC for increase in median house value (annualised) increase, it is ranked 223th over the last 5 years.

The most recent median price for Healesville is $420000, with sellers offering an average of -7.64% off the asking price.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.58%, without taking into account capital value appreciation, which has been averaging out at 3.88%.

Information supplied by:




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Healesville, VIC – Prices drop over the April quarter

Postcode: 3777

Median house price: $566,000

Three-year growth: 28.6%

Rental yield: 3.6%

A known foodie scene in Victoria’s Yarra Valley, the suburb of Healesville is home to some notable names in the wine industry, including Domaine Chandon, Rochford Wines and Coldstream Hills.

However, it’s not just food and drinks at Healesville – this suburb is also a collective of artists who showcase their talent in the local galleries and studios. Tali and Tim’s glassblowing studio is a must-see for visitors, and there are many handicrafts shops in town. Nature takes centre stage in the Healesville Sanctuary, which get one up close and personal with birds of prey and other wildlife.

Healesville’s house market took a tumble when values fell by 5.0% in the April 2019 quarter.

 

Metrics i HOUSE UNIT
$575,000 $420,000
-3.20% 11.41%
-2.58% -6.35%
6.37% 3.88%
$400 $370
87 21
3.62% 4.58%
73.6075949367089 92.3043478260869

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 : Above average (H), Good (U)
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Demographics
Total population 6839
Median household income ($/weekly) 982
Median age of persons 42
Median housing loan repayment ($/monthly) 1570
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 870 12.7
    35-44 years 913 13.3
    45-54 years 1041 15.2
    55-64 years 928 13.6
    65-74 years 695 10.2
    Others 2392 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 2294 46.6
    Not Married 2059 41.8
    Defacto Relationship 573 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5463 84.1
    New Zealand 71 1.1
    Papua New Guinea 95 1.5
    United Kingdom 506 7.8
    Other 80 1.2
    Others 278 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 110 1.8
    Christianity 3405 56.2
    Judaism 9 0.1
    Other Religious Groups 51 0.8
    No Religion 2464 40.7
    Others 19 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 278 12.0
    $600-$799 286 12.4
    $800-$999 234 10.1
    $1,000-$1,249 253 10.9
    $1,500-$1,999 287 12.4
    Others 973 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2077 39.2
    Employed, worked full-time 1767 33.4
    Employed, worked part-time 1122 21.2
    Employed, away from work 191 3.6
    Unemployed, looking for work 141 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 389 12.6
    Professionals 487 15.8
    Technicians & trades workers 590 19.1
    Clerical & administrative workers 382 12.4
    Labourers 366 11.9
    Others 867 28.1
    Occupation
    Census Count Percent(%)
    Pre-school 113 7.6
    Infants/Primary 560 37.5
    Secondary 455 30.4
    Technical or Further Educational Institution 148 9.9
    University or other Tertiary Institutions 143 9.6
    Others 76 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5888 93.8
    Flat, unit or apartment 297 4.7
    Semi-detached, row or terrace house, townhouse 78 1.2
    House or flat attached to a shop, office 7 0.1
    Caravan, cabin, houseboat 6 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1044 40.9
    Fully owned 923 36.2
    Rented 563 22.1
    Other tenure type 20 0.8
    Tenure Type
Census 2011, ABS
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