Suburb Profile Report for Sandy Point VIC (3959)

Sandy Point House: Median price $410,000, Annual capital growth 4.12%, Number of sales 29, Weekly median advertised rent N/A

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

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

  • House Report

At number 2143th in the list of Australian suburbs ordered by increase in median house value over the last year, Sandy Point, 3959 is in the BOTTOM 50% with a property value increase of -2.38% recorded in median house prices.

Over the longer term, Sandy Point has seen property prices show investors a 12.33% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -6.14% to buyers in Sandy Point at the moment, which is less than average for the rest of VIC.

Metrics i HOUSE UNIT
$410,000 N/A
3.80% N/A
-2.38% N/A
4.12% N/A
N/A N/A
29 N/A
N/A N/A
127.6875 N/A

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

DSR Score for property investment : Balanced (H), Above average (U)
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Demographics
Total population 198
Median household income ($/weekly) 933
Median age of persons 54
Median housing loan repayment ($/monthly) 1950
Average household size 2
  • Census Count Percent(%)
    35-44 years 18 9.1
    45-54 years 26 13.2
    55-64 years 34 17.3
    65-74 years 36 18.3
    75-84 years 17 8.6
    Others 66 33.5
    Age Group
    Census Count Percent(%)
    Registered Married 71 60.2
    Not Married 41 34.7
    Defacto Relationship 6 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 132 83.5
    Greece 6 3.8
    New Zealand 3 1.9
    Papua New Guinea 3 1.9
    United Kingdom 8 5.1
    Others 6 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 71 51.1
    No Religion 65 46.8
    Buddhism 3 2.2
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 6 10.3
    $600-$799 11 19.0
    $800-$999 7 12.1
    $1,000-$1,249 7 12.1
    $1,500-$1,999 10 17.2
    Others 17 29.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 62 46.3
    Employed, worked full-time 36 26.9
    Employed, worked part-time 27 20.1
    Unemployed, looking for work 6 4.5
    Employed, away from work 3 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 13 19.7
    Professionals 20 30.3
    Community & personal service workers 6 9.1
    Clerical & administrative workers 9 13.6
    Sales 6 9.1
    Others 12 18.2
    Occupation
    Census Count Percent(%)
    Secondary 11 36.7
    Infants/Primary 7 23.3
    University or other Tertiary Institutions 6 20.0
    Pre-school 3 10.0
    Other type of educational institution 3 10.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 144 100.0
    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 44 69.8
    Rented 10 15.9
    Being purchased 9 14.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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