Suburb Profile Report for Devon Meadows VIC (3977)

Devon Meadows House: Median price $382,500, Annual capital growth 5.19%, Number of sales 12, Weekly median advertised rent N/A

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

  • House Report

Property value increases in Devon Meadows have tracked higher than the VIC average of 9.10% over the last 12 months.

If we look at median property appreciation over just the last three months, Devon Meadows has given property investors a paper return of 2.63%. This puts Suburb as 206 on a list of fastest fasting appreciating suburbs in VIC

Metrics i HOUSE UNIT
$382,500 N/A
N/A N/A
14.18% N/A
5.19% N/A
N/A N/A
12 N/A
N/A N/A
N/A N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 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 1606
Median household income ($/weekly) 1336
Median age of persons 41
Median housing loan repayment ($/monthly) 1950
Average household size 3
  • Census Count Percent(%)
    5-14 years 215 13.4
    35-44 years 218 13.6
    45-54 years 252 15.7
    55-64 years 236 14.7
    65-74 years 151 9.4
    Others 534 33.3
    Age Group
    Census Count Percent(%)
    Registered Married 683 56.0
    Not Married 446 36.6
    Defacto Relationship 90 7.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1240 80.5
    Hong Kong 20 1.3
    New Zealand 26 1.7
    United Kingdom 82 5.3
    Other 40 2.6
    Others 132 8.6
    Country of Birth
    Census Count Percent(%)
    Christianity 961 65.6
    No Religion 427 29.1
    Islam 36 2.5
    Buddhism 35 2.4
    Other Religious Groups 6 0.4
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 48 10.7
    $1,000-$1,249 45 10.1
    $1,250-$1,499 39 8.7
    $1,500-$1,999 64 14.3
    $2,000-$2,499 57 12.8
    Others 194 43.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 514 41.3
    Not in the labour force 416 33.4
    Employed, worked part-time 227 18.2
    Employed, away from work 64 5.1
    Unemployed, looking for work 24 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 120 14.9
    Technicians & trades workers 195 24.2
    Clerical & administrative workers 143 17.7
    Machinery operators & drivers 75 9.3
    Labourers 89 11.0
    Others 184 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 23 6.4
    Infants/Primary 137 38.4
    Secondary 117 32.8
    Technical or Further Educational Institution 36 10.1
    University or other Tertiary Institutions 34 9.5
    Others 10 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1557 99.8
    Improvised home, tent, sleepers out 3 0.2
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 229 44.8
    Fully owned 212 41.5
    Rented 64 12.5
    Other tenure type 6 1.2
    Tenure Type
Census 2011, ABS
Chart Table