Suburb Profile Report for Sale VIC (3850)

Sale House: Median price $298,000, Annual capital growth 3.12%, Number of sales 230, Weekly median advertised rent $300

Sale Unit: Median price $242,250, Annual capital growth 5.41%, Number of sales 33, Weekly median advertised rent $230

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 3043th in the list of Australian suburbs ordered by increase in median house value over the last year, Sale, 3850 is in the BOTTOM 30% with a property value increase of 0.85% recorded in median house prices.

If we look at median property appreciation over just the last three months, Sale has given property investors a paper return of 0.34%. This puts Suburb as 536 on a list of fastest fasting appreciating suburbs in VIC

VIC has seen average median house prices change by 6.72% which means that Sale, 3850 has done well for property investors by showing a capital gain of 12.02% over the last year

While Sale,3850 ranked number 81th in VIC for increase in median house value (annualised) increase, it is ranked 293th over the last 5 years.

Advertised rents are around the $230 mark per week – giving a return of 4.94% based on the median price in Suburb

Metrics i HOUSE UNIT
$298,000 $242,250
0.34% 5.56%
0.85% 12.02%
3.12% 5.41%
$300 $230
230 33
5.23% 4.94%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
Find a mortgage broker in Sale VIC
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
Chart Table
Recent sales & rentals