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Cockatoo, VIC 3781

Home » VIC Real Estate Data » Cardinia Shire, VIC » Cockatoo, VIC 3781

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 Cockatoo, VIC 3781 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 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Yield 

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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 “Cockatoo, VIC 3781”

  1. The total adult population (15 years or older) of Cockatoo 3781 VIC is 3,408, with a median age of 36. Of those, 47.07% are married, 12.44% are divorced or separated, 37.59% are single and 2.82% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,784. The median monthly mortgage repayment for households in this suburb is $1,742 which is 19.83% of their earnings.

    Source: ABS Census Data (2021)

  2. The picturesque suburb of Cockatoo, VIC 3781, is home to approximately 1,757 households. As Q3 2023 data shows, the typical pricing for houses in this locality is around AU$881,672. These dwellings also attract a median weekly rent of AU$590, nudging the indicative yield upwards to a satisfying 3.49%, well surpassing the minimum cash-flow-centric property investors look for.

    In socio-economic terms, Cockatoo scores a favourable 995 out of 1217 on the IRSAD scale, suggestive of a healthy socio-economic position amongst its residents. Investors will find the renter to owner ratio standing at a low 8%, a figure that denotes a relatively higher owner occupancy, reducing risks associated with high rental competition.

    A particularly interesting statistic stands out – the units to houses ratio being 0%. This implies there is absolutely no market saturation from smaller dwellings such as apartments, studios or flats. Such a scenario typically attracts steady, long-term tenants and potential homebuyers looking for family-oriented neighbourhoods.

    Yet, investors should bear in mind the affordability index, resting at 40 years in Cockatoo. This could signal a lesser affordability amongst potential buyers due to longer mortgage repayment terms.

    Cockatoo 3781’s market offers low supply indicators, with houses having just 0.28% stock on market Percentage and 1.02 months of inventory, making it a prospective hunting ground for potential investors pursuing markets with scanty availability. The building approvals Ratio being 0.0% further emphasizes the scarcity of upcoming stock to saturate the market.

    The market’s demand indicators are also rather bullish with days on market for houses being a brisk 31 days showing higher-than-average buyer interest. The vacancy rate, combining both houses and units, is a balanced 2.26%, implying a decent demand for rental properties, while the buy search index is at the lower end of the spectrum, at 3.

    To sum up, the property market in Cockatoo, VIC 3781 presents an encouraging picture, offering attractive yields and favourable supply indicators despite some affordability concerns with respect to potential homeowners. It’s crucial, however, for investors to keep abreast of all market trends in the area, maintaining that keen eye for detail to make the most of their investment decisions.

    Understanding market dynamics, using tools such as the HtAG Analytics RCS (Relative Composite Score) which leverages data from 80+ metrics, can indeed simplify the investment research process, affording comprehensive insights to shape better investment choices in the Australian property market.

    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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