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Flinders, VIC 3929

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Flinders, VIC 3929 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Flinders, VIC 3929”

  1. The total adult population (15 years or older) of Flinders 3929 VIC is 1,027, with a median age of 63. Of those, 63.68% are married, 12.66% are divorced or separated, 19.08% are single and 4.97% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $11,404. The median monthly mortgage repayment for households in this suburb is $2,500 which is 21.92% of their earnings.

    Source: ABS Census Data (2021)

  2. Flinders 3929, located in VIC, is a charming suburb with a community of around 1262 households. As we dive into the property statistics for the third quarter of 2023, the typical prices for houses in this region sit around an astounding $2,817,176, while the median weekly rent rests at $875. However, this leads to an indicative yield of just 1.61%, falling short of the 3% mark that cashflow-centric property investors consider favourable.

    The suburb boasts a high socio-economic score of 1111 out of 1217, indicating a well-off population that benefits from a combination of significant economic resources and collective prosperity. There’s a low renter to owner ratio of 12%, making this area ideal for investors searching for longer-term tenants and a community appeal that’s not overly saturated with rental properties. Equally favourable is the units to houses ratio, standing at 3% and thus suggesting the dominance of houses more likely to attract families and longer tenancies.

    However, before potential investors get too excited, it’s crucial to explore some of the more challenging aspects. The affordability index for houses in Flinders is alarmingly high at 97 years, dwarfing the typical 30-year assumption in our calculations. This suggests a significant barrier to full ownership, raising concerns about the area’s affordability.

    When examining supply metrics, we see a startlingly low stock on market Percentage at just 0.09% and an inventory level of approximately 0.63 months. Both figures indicate a particularly tight supply in Flinders’ housing market. The building approvals Ratio also leans towards the low end at 0.93%, suggesting a limited influx of new dwellings entering this property market soon.

    In terms of demand metrics, houses tend to spend an average of 64 days on the market in Flinders. This figure, coupled with a rather high combined vacancy rate of 4.76% for houses and units, might raise some red flags on the demand side. Additionally, the buy search index for houses here is at 3, which is just adequate, keeping in mind that anything below this mark could suggest limited demand.

    Overall, while some essential metrics about Flinders’ property market may seem promising, other indicators reveal sobering realities, especially concerning market demand and affordability. It’s crucial to consider these details and trends thoroughly, supported by tools like the RCS (Relative Composite Score) metric to automate the analysis using a broad spectrum of factors. Keep your options open and maintain a discerning eye on the market trends before making any concrete property investment decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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