Suburb Profile Report for Mirboo North VIC (3871)

Mirboo North House: Median price $335,000, Annual capital growth 4.14%, Number of sales 31, Weekly median advertised rent $280

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

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Property investors who have had real estate in Mirboo North, 3871 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 9.93%

A 25.00% growth in median value for property investors in Mirboo North,3871 puts this suburb at number 556th in terms of best performing suburbs in VIC

Our latest figures would indicate that property sellers in Mirboo North are currently offering property investors an average price cut of -5.02% below the asking price at the moment.

Metrics i HOUSE UNIT
$335,000 N/A
-1.18% N/A
9.93% N/A
4.14% N/A
$280 N/A
31 N/A
4.35% N/A
82.0555555555556 N/A

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. 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 2296
Median household income ($/weekly) 944
Median age of persons 43
Median housing loan repayment ($/monthly) 1192
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 302 13.2
    35-44 years 296 12.9
    45-54 years 329 14.3
    55-64 years 331 14.4
    65-74 years 240 10.5
    Others 798 34.8
    Age Group
    Census Count Percent(%)
    Registered Married 893 55.7
    Not Married 546 34.0
    Defacto Relationship 165 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1906 87.2
    Greece 22 1.0
    Japan 40 1.8
    United Kingdom 120 5.5
    Other 21 1.0
    Others 78 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 12 0.6
    Christianity 1252 61.5
    Islam 11 0.5
    Other Religious Groups 8 0.4
    No Religion 747 36.7
    Others 6 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 68 9.4
    $400-$599 102 14.0
    $600-$799 81 11.2
    $800-$999 84 11.6
    $1,500-$1,999 83 11.4
    Others 308 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 729 41.1
    Employed, worked full-time 527 29.7
    Employed, worked part-time 382 21.6
    Employed, away from work 82 4.6
    Unemployed, looking for work 52 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 139 14.1
    Professionals 174 17.6
    Technicians & trades workers 180 18.2
    Clerical & administrative workers 99 10.0
    Labourers 133 13.5
    Others 263 26.6
    Occupation
    Census Count Percent(%)
    Pre-school 43 8.0
    Infants/Primary 192 35.8
    Secondary 185 34.5
    Technical or Further Educational Institution 63 11.7
    University or other Tertiary Institutions 44 8.2
    Others 10 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2015 97.7
    Flat, unit or apartment 18 0.9
    Semi-detached, row or terrace house, townhouse 13 0.6
    House or flat attached to a shop, office 12 0.6
    Improvised home, tent, sleepers out 4 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 359 45.2
    Being purchased 321 40.4
    Rented 108 13.6
    Other tenure type 6 0.8
    Tenure Type
Census 2011, ABS
Chart Table