Suburb Profile Report for Port Albert VIC (3971)

Port Albert House: Median price $260,000, Annual capital growth 4.37%, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Port Albert, 3971 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 21.92%.

A 10.64% growth in median value for property investors in Port Albert,3971 puts this suburb at number 57th in terms of best performing suburbs in VIC

In the last year 13 properties changed hands in Port Albert, which puts it as the 679th most active market in VIC when comparing the number of sales per suburb.

Situated 164.77km from the CBD, Port Albert is one of Wellington localities in the postcode 3971.

Metrics i HOUSE UNIT
$260,000 N/A
8.33% N/A
21.92% N/A
4.37% N/A
N/A N/A
13 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 248
Median household income ($/weekly) 608
Median age of persons 57
Median housing loan repayment ($/monthly) 997
Average household size 1.9
  • Census Count Percent(%)
    35-44 years 18 7.3
    45-54 years 34 13.8
    55-64 years 73 29.6
    65-74 years 39 15.8
    75-84 years 18 7.3
    Others 65 26.3
    Age Group
    Census Count Percent(%)
    Not Married 84 42.6
    Registered Married 80 40.6
    Defacto Relationship 33 16.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 199 84.7
    Greece 6 2.6
    New Zealand 6 2.6
    Papua New Guinea 3 1.3
    United Kingdom 15 6.4
    Others 6 2.6
    Country of Birth
    Census Count Percent(%)
    Christianity 149 70.3
    No Religion 57 26.9
    Buddhism 6 2.8
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $200-$299 10 9.6
    $300-$399 16 15.4
    $400-$599 15 14.4
    $600-$799 11 10.6
    $800-$999 17 16.3
    Others 35 33.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 122 57.3
    Employed, worked full-time 50 23.5
    Employed, worked part-time 28 13.1
    Employed, away from work 10 4.7
    Unemployed, looking for work 3 1.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 9 10.3
    Technicians & trades workers 16 18.4
    Clerical & administrative workers 9 10.3
    Machinery operators & drivers 9 10.3
    Labourers 20 23.0
    Others 24 27.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 13 48.1
    Secondary 8 29.6
    Pre-school 3 11.1
    University or other Tertiary Institutions 3 11.1
    Technical or Further Educational Institution 0 0.0
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 198 88.0
    Flat, unit or apartment 13 5.8
    Semi-detached, row or terrace house, townhouse 7 3.1
    House or flat attached to a shop, office 7 3.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 55 48.2
    Rented 36 31.6
    Being purchased 23 20.2
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals