Suburb Profile Report for Gembrook VIC (3783)

Gembrook House: Median price $650,000, Annual capital growth 8.52%, Number of sales 30, Weekly median advertised rent $400

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

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

  • House Report

Property investors who have had real estate in Gembrook, 3783 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.33%

Gembrook,3783 has offered an average of 8.33% return per annum in house price rises to property investors over the last three years.

Gembrook, 3783 is offering VIC ‘s 63th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.

At number 940 in a list of fastest selling suburbs, Gembrook is in the TOP 30% of suburbs in Australia with an average of days on market 61.7391 for properties listed there.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.20%, without taking into account capital value appreciation, which has been averaging out at 8.52%.

Metrics i HOUSE UNIT
$650,000 N/A
0.00% N/A
8.33% N/A
8.52% N/A
$400 N/A
30 N/A
3.20% N/A
61.7391304347826 N/A

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

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2148
Median household income ($/weekly) 1306
Median age of persons 40
Median housing loan repayment ($/monthly) 1800
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 326 15.2
    35-44 years 340 15.8
    45-54 years 384 17.9
    55-64 years 249 11.6
    65-74 years 193 9.0
    Others 657 30.6
    Age Group
    Census Count Percent(%)
    Registered Married 854 55.5
    Not Married 532 34.6
    Defacto Relationship 152 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1677 83.7
    Japan 33 1.6
    Papua New Guinea 27 1.3
    United Kingdom 158 7.9
    Other 36 1.8
    Others 73 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.6
    Christianity 1096 57.6
    Hinduism 7 0.4
    Other Religious Groups 9 0.5
    No Religion 776 40.8
    Others 4 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 73 11.6
    $1,000-$1,249 61 9.7
    $1,500-$1,999 84 13.4
    $2,000-$2,499 76 12.1
    $2,500-$2,999 60 9.6
    Others 274 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 626 39.3
    Not in the labour force 499 31.4
    Employed, worked part-time 338 21.2
    Unemployed, looking for work 65 4.1
    Employed, away from work 63 4.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 137 13.4
    Professionals 170 16.6
    Technicians & trades workers 225 21.9
    Clerical & administrative workers 119 11.6
    Machinery operators & drivers 94 9.2
    Others 281 27.4
    Occupation
    Census Count Percent(%)
    Pre-school 45 8.9
    Infants/Primary 193 38.2
    Secondary 169 33.5
    Technical or Further Educational Institution 53 10.5
    University or other Tertiary Institutions 37 7.3
    Others 8 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1977 99.7
    Flat, unit or apartment 5 0.3
    Semi-detached, row or terrace house, townhouse 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 375 55.5
    Fully owned 241 35.7
    Rented 56 8.3
    Other tenure type 4 0.6
    Tenure Type
Census 2011, ABS
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