Suburb Profile Report for Sale VIC (3850)

Sale House: Median price $385,000, Annual capital growth 13.63%, Number of sales 406, Weekly median advertised rent $700

Sale Unit: Median price $265,000, Annual capital growth 18.35%, Number of sales 95, Weekly median advertised rent $700

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Sale, 3850 ranked 408th in VIC when comparing growth in median property values or capital gain over the last 12 months. Sale is one of 2099 in our list for VIC

If we look at median property appreciation over just the last three months, Sale has given property investors a paper return of 8.82%. This puts Suburb as 690 on a list of fastest fasting appreciating suburbs in VIC

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -1.95% offered to property buyers. Sellers in Sale itself are offering an average vendor discount of 0.00% to real estate investors.

On average over the past year, suburb has had 33.83 sales per month, which equates to 406 per year.

Renters in Suburb are facing rents around $36400 per annum or $700 every week.

Sale is in the bottom 40% in VIC when comparing median price capital growth over the last year. Sale gave property investors a disappointing capital gain figure when compared to the rest of the state, with 20.32%.

Sale,3850 was ranked 438 in Australia by increase in median property value over the quarter.

Sale3850 is located in VIC which offers an average discount of -2.09% to property investors. Sale itself is showing figures that indicate 0.00% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $700 mark per week – giving a return of 2.41% based on the median price in Suburb

Metrics i HOUSE UNIT
$385,000 $265,000
8.82% 8.83%
23.33% 20.32%
13.63% 18.35%
$700 $700
406 95
3.94% 2.41%
42.0769230769231 0

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 13185
Median household income ($/weekly) 946
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1671 12.7
    25-34 years 1693 12.8
    35-44 years 1582 12.0
    45-54 years 1810 13.7
    55-64 years 1537 11.7
    Others 4892 37.1
    Age Group
    Census Count Percent(%)
    Registered Married 4468 47.6
    Not Married 4026 42.9
    Defacto Relationship 884 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 10938 87.4
    Indonesia 109 0.9
    Papua New Guinea 134 1.1
    United Kingdom 483 3.9
    Other 176 1.4
    Others 673 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 125 1.0
    Christianity 8421 70.2
    Hinduism 85 0.7
    Other Religious Groups 75 0.6
    No Religion 3220 26.9
    Others 64 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 463 10.0
    $400-$599 653 14.0
    $600-$799 552 11.9
    $800-$999 439 9.4
    $1,500-$1,999 499 10.7
    Others 2042 43.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3970 39.5
    Employed, worked full-time 3446 34.2
    Employed, worked part-time 1904 18.9
    Employed, away from work 412 4.1
    Unemployed, looking for work 331 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1149 19.9
    Technicians & trades workers 960 16.6
    Community & personal service workers 678 11.8
    Clerical & administrative workers 735 12.7
    Labourers 639 11.1
    Others 1605 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 229 8.0
    Infants/Primary 1058 36.8
    Secondary 934 32.5
    Technical or Further Educational Institution 323 11.2
    University or other Tertiary Institutions 245 8.5
    Others 85 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10937 90.1
    Semi-detached, row or terrace house, townhouse 690 5.7
    Flat, unit or apartment 455 3.7
    Caravan, cabin, houseboat 41 0.3
    House or flat attached to a shop, office 15 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1768 34.7
    Being purchased 1637 32.1
    Rented 1626 31.9
    Other tenure type 68 1.3
    Tenure Type
Census 2011, ABS
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