AREA REPORTS

St Andrews Beach

VIC/
St andrews beach

Suburb Profile

St Andrews Beach - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3941

house

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $773,000.

The upward trend in home prices in ST ANDREWS BEACH, 3941 averaged 13.94% per annum over a 3-year period.

Average weekly rents on listings have reached the $435 mark, reflecting a 2.93% increase in returns based on the current median price in ST ANDREWS BEACH.

An average of 1.92 real estate transactions take place per month in ST ANDREWS BEACH which translates to 23 per annum.

23 properties were sold in ST ANDREWS BEACH in 2016, making it the 414th most active market in VIC based on total real estate transactions.

ST ANDREWS BEACH, 3941 places 482nd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $773,000 N/A
GROWTH REPORT
Median Quarterly -0.9% N/A
Median 12 month -5.15% N/A
Median 3 years 41.83% N/A
Median 5 years 36.81% N/A
10 years average annual 7.61% N/A
Weekly media advert. rent $435 N/A
Time on Market 84.6 days N/A
Gross Rental Yield Percent 2.93% N/A
demographics (median values)
Total Population
770
Weekly Household Income
1023
Household Size
2.80
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Kenneth Hayne

Property investors could wear cost of changes to mortgage broker regulation

Experts fear that property investors will absorb the cost of changes to how mortgage brokers are paid and regulated, as both sides of govern...

Opal Tower

Final report into the Opal Tower released, impact on the property industry revealed

Following months of questions, the final report into Sydney’s Opal Tower has been released by the NSW government, and while those with pro...

Tradies

New data pointing to Sydney tradie price divide

An updated set of data has revealed a divide in Sydney that is determining how much Sydney property owners are paying for tradies. ...

Australian map

Why local is no longer important in property management

The last five years has seen an emergence of technology in property management that has totally transformed the landscape of how this area...

How regulators seek to amend lending market

Regulatory interventions have significantly affected the movements of the property market in 2018 and, moving forward, one expert believes t...

Investing Insights, Right Property Group

INVESTING INSIGHTS WITH RIGHT PROPERTY GROUP: Why investing in a “hotspot” is not always the right move

In an environment where the biggest issue can be an overload of too much contradicting information, how do you figure out what is accurate a...