Suburb Profile Report for Orbost VIC (3888)

Orbost House: Median price $166,000, Annual capital growth 0.33%, Number of sales 51, Weekly median advertised rent $250

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

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

  • House Report

Giving property investors a an average capital gain of 3.13% for the last year, Orbost, 3888 is the 1892th highest performer in Australia in this respect.

The five-year average increase in median property values for Orbost,3888 has given property investors a potential capital gain of -0.75% across each of those five years.

Property investors looking for a bargain in Orbost should be aiming for at least -10.60% off the asking price, which is the average vendor discount being achieved at the moment.

At number 3784 in a list of fastest selling suburbs, Orbost is in the bottom 20% of suburbs in Australia with an average of days on market 126.41 for properties listed there.

Orbost, 3888’s gross rental yield is 7.88%

Metrics i HOUSE UNIT
$166,000 N/A
3.75% N/A
4.40% N/A
0.33% N/A
$250 N/A
51 N/A
7.83% N/A
112.27586 N/A

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

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 2493
Median household income ($/weekly) 683
Median age of persons 44
Median housing loan repayment ($/monthly) 910
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 338 13.6
    35-44 years 293 11.7
    45-54 years 308 12.3
    55-64 years 343 13.8
    65-74 years 318 12.8
    Others 894 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 848 47.6
    Not Married 749 42.1
    Defacto Relationship 183 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2199 92.7
    Japan 21 0.9
    Papua New Guinea 19 0.8
    United Kingdom 70 2.9
    Other 23 1.0
    Others 41 1.7
    Country of Birth
    Census Count Percent(%)
    Christianity 1333 60.0
    No Religion 857 38.6
    Buddhism 20 0.9
    Other Religious Groups 13 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 154 16.8
    $400-$599 175 19.1
    $600-$799 118 12.9
    $800-$999 101 11.0
    $1,500-$1,999 81 8.9
    Others 286 31.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 956 50.5
    Employed, worked full-time 498 26.3
    Employed, worked part-time 327 17.3
    Employed, away from work 58 3.1
    Unemployed, looking for work 55 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 134 15.3
    Professionals 105 12.0
    Technicians & trades workers 110 12.5
    Community & personal service workers 125 14.3
    Labourers 128 14.6
    Others 275 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 9.1
    Infants/Primary 213 42.0
    Secondary 163 32.1
    Technical or Further Educational Institution 38 7.5
    University or other Tertiary Institutions 37 7.3
    Others 10 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2259 97.5
    Semi-detached, row or terrace house, townhouse 42 1.8
    Flat, unit or apartment 11 0.5
    Caravan, cabin, houseboat 6 0.3
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 451 45.6
    Rented 271 27.4
    Being purchased 256 25.9
    Other tenure type 10 1.0
    Tenure Type
Census 2011, ABS
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