Suburb Profile Report for Warburton VIC (3799)

Warburton House: Median price $527,500, Annual capital growth 7.98%, Number of sales 40, Weekly median advertised rent $390

  • 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

Property value increases in Warburton have tracked higher than the VIC average of -1.79% over the last 12 months.

Across a shorter period, Warburton, 3799 has seen a median price increase of 1.93% over the last quarter.

Property investors looking for a bargain in Warburton should be aiming for at least -6.48% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $390 and the average annual increase in value of a median property of 7.98%, investors should hope to achieve an overall return of 3.84%

Metrics i HOUSE UNIT
$527,500 N/A
1.93% N/A
16.70% N/A
7.98% N/A
$390 N/A
40 N/A
3.84% N/A
64.0294117647059 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 Warburton VIC
Demographics
Total population 2171
Median household income ($/weekly) 780
Median age of persons 43
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 294 13.5
    35-44 years 308 14.2
    45-54 years 351 16.2
    55-64 years 320 14.7
    65-74 years 221 10.2
    Others 677 31.2
    Age Group
    Census Count Percent(%)
    Not Married 741 47.1
    Registered Married 623 39.6
    Defacto Relationship 210 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1655 80.8
    New Zealand 28 1.4
    Papua New Guinea 40 2.0
    United Kingdom 172 8.4
    Other 45 2.2
    Others 109 5.3
    Country of Birth
    Census Count Percent(%)
    Christianity 935 50.1
    No Religion 842 45.1
    Other Religious Groups 49 2.6
    Buddhism 37 2.0
    Hinduism 4 0.2
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 74 9.5
    $400-$599 153 19.6
    $600-$799 94 12.0
    $800-$999 95 12.2
    $1,000-$1,249 74 9.5
    Others 291 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 739 44.5
    Employed, worked full-time 454 27.3
    Employed, worked part-time 364 21.9
    Unemployed, looking for work 53 3.2
    Employed, away from work 51 3.1
    Person Characteristics
  • Census Count Percent(%)
    Professionals 179 20.5
    Technicians & trades workers 148 17.0
    Community & personal service workers 108 12.4
    Clerical & administrative workers 99 11.3
    Labourers 106 12.1
    Others 233 26.7
    Occupation
    Census Count Percent(%)
    Pre-school 29 6.2
    Infants/Primary 182 38.7
    Secondary 126 26.8
    Technical or Further Educational Institution 60 12.8
    University or other Tertiary Institutions 44 9.4
    Others 29 6.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1903 94.6
    Semi-detached, row or terrace house, townhouse 23 1.1
    Flat, unit or apartment 30 1.5
    Caravan, cabin, houseboat 38 1.9
    House or flat attached to a shop, office 14 0.7
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 323 38.0
    Fully owned 307 36.1
    Rented 214 25.1
    Other tenure type 7 0.8
    Tenure Type
Census 2011, ABS
Chart Table