Suburb Profile Report for Bairnsdale VIC (3875)

Bairnsdale House: Median price $260,000, Annual capital growth 2.30%, Number of sales 189, Weekly median advertised rent $300

Bairnsdale Unit: Median price $210,000, Annual capital growth 2.47%, Number of sales 27, Weekly median advertised rent $250

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

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

  • House Report
  • Unit Report

With a capital gain of -1.89% for the last 12 months, Bairnsdale, 3875 has performed for property investments than its average annual 2.30% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Bairnsdale has given property investors a paper return of -3.35%. This puts Suburb as 565 on a list of fastest fasting appreciating suburbs in VIC

Our latest figures would indicate that property sellers in Bairnsdale are currently offering property investors an average price cut of -4.57% below the asking price at the moment.

While Bairnsdale,3875 ranked number 124th in VIC for increase in median house value (annualised) increase, it is ranked 297th over the last 5 years.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.69% offered to property buyers. Sellers in Bairnsdale itself are offering an average vendor discount of -3.77% to real estate investors.

Bairnsdale is 8th on a list of best yielding suburbs for rents in VIC with a 6.19% return

Metrics i HOUSE UNIT
$260,000 $210,000
-3.35% 0.00%
-1.89% N/A
2.30% 2.47%
$300 $250
189 27
6.00% 6.19%
87.62264 103.1

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7237
Median household income ($/weekly) 762
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 843 11.6
    35-44 years 783 10.8
    45-54 years 912 12.6
    55-64 years 898 12.4
    65-74 years 771 10.7
    Others 3031 41.9
    Age Group
    Census Count Percent(%)
    Not Married 2536 48.1
    Registered Married 2162 41.0
    Defacto Relationship 575 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 6221 90.4
    Greece 45 0.7
    Papua New Guinea 54 0.8
    United Kingdom 253 3.7
    Other 62 0.9
    Others 249 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 42 0.6
    Christianity 4397 67.6
    Hinduism 21 0.3
    Other Religious Groups 27 0.4
    No Religion 2010 30.9
    Others 10 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 362 13.1
    $400-$599 483 17.5
    $600-$799 365 13.2
    $800-$999 289 10.4
    $1,000-$1,249 269 9.7
    Others 999 36.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2609 45.9
    Employed, worked full-time 1604 28.2
    Employed, worked part-time 1065 18.7
    Employed, away from work 209 3.7
    Unemployed, looking for work 198 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 449 15.6
    Technicians & trades workers 439 15.3
    Community & personal service workers 340 11.8
    Sales 331 11.5
    Labourers 401 13.9
    Others 916 31.8
    Occupation
    Census Count Percent(%)
    Pre-school 120 8.7
    Infants/Primary 526 37.9
    Secondary 416 30.0
    Technical or Further Educational Institution 182 13.1
    University or other Tertiary Institutions 92 6.6
    Others 51 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5801 87.1
    Flat, unit or apartment 715 10.7
    Semi-detached, row or terrace house, townhouse 99 1.5
    Caravan, cabin, houseboat 36 0.5
    House or flat attached to a shop, office 11 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1182 39.6
    Rented 997 33.4
    Being purchased 793 26.6
    Other tenure type 13 0.4
    Tenure Type
Census 2011, ABS
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