Suburb Profile Report for Seaspray VIC (3851)

Seaspray House: Median price $345,000, Annual capital growth 25.20%, Number of sales 11, Weekly median advertised rent $320

  • 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

Seaspray, 3851 ranked 2nd in VIC when comparing growth in median property values or capital gain over the last 12 months. Seaspray is one of 2099 in our list for VIC

While Seaspray,3851 ranked number 18th in VIC for increase in median house value (annualised) increase, it is ranked 6th over the last 5 years.

Advertised rents are around the $320 mark per week – giving a return of 4.82% based on the median price in Suburb

Metrics i HOUSE UNIT
$345,000 N/A
13.11% N/A
68.29% N/A
25.20% N/A
$320 N/A
11 N/A
4.82% N/A
N/A 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 : Balanced (H), Good (U)
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Demographics
Total population 317
Median household income ($/weekly) 933
Median age of persons 48
Median housing loan repayment ($/monthly) 1083
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 41 13.0
    35-44 years 30 9.5
    45-54 years 52 16.5
    55-64 years 79 25.0
    65-74 years 38 12.0
    Others 76 24.1
    Age Group
    Census Count Percent(%)
    Registered Married 100 46.7
    Not Married 92 43.0
    Defacto Relationship 22 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 253 87.2
    Malaysia 4 1.4
    New Zealand 11 3.8
    Poland 4 1.4
    United Kingdom 9 3.1
    Others 9 3.1
    Country of Birth
    Census Count Percent(%)
    Christianity 178 61.8
    No Religion 107 37.2
    Other Religious Groups 3 1.0
    Buddhism 0 0.0
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 14 12.4
    $600-$799 17 15.0
    $800-$999 11 9.7
    $1,000-$1,249 11 9.7
    $1,500-$1,999 12 10.6
    Others 48 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 120 49.4
    Employed, worked full-time 79 32.5
    Employed, worked part-time 26 10.7
    Employed, away from work 11 4.5
    Unemployed, looking for work 7 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 24 20.2
    Technicians & trades workers 23 19.3
    Community & personal service workers 16 13.4
    Clerical & administrative workers 15 12.6
    Labourers 21 17.6
    Others 20 16.8
    Occupation
    Census Count Percent(%)
    Infants/Primary 27 43.5
    Secondary 14 22.6
    Technical or Further Educational Institution 6 9.7
    University or other Tertiary Institutions 6 9.7
    Other type of educational institution 6 9.7
    Others 3 4.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 269 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 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(%)
    Fully owned 59 49.6
    Being purchased 35 29.4
    Rented 25 21.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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