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Marshall, VIC 3216

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 Marshall, VIC 3216 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 “Marshall, VIC 3216”

  1. The total adult population (15 years or older) of Marshall 3216 VIC is 1,980, with a median age of 43. Of those, 40.86% are married, 9.95% are divorced or separated, 36.21% are single and 12.83% are widowed.

    The average household size is 2.1 people per dwelling, and the median household monthly income is estimated to be $6,572. The median monthly mortgage repayment for households in this suburb is $1,600 which is 24.35% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of Marshall, postcode 3216, resides in the state of Victoria and is home to an estimated 1,212 households. As we find ourselves midway through the third quarter of 2023, the property market here is faring well resulting in typical house prices of AUD $602,128.

    Investors seeking cashflow will appreciate the current median weekly rent for houses stands at AUD $472, which corresponds to an attractive indicative yield of 4.08%, comfortably surpassing the base rate of 3% for cashflow-centred investors. In socio-economic terms, the IRSAD score for Marshall, reflecting the socio-economic conditions of the area, registers a fairly solid 954 out of 1,217. This is a clear indication of moderately above-average socio-economic conditions within the suburb.

    There’s a harmonious balance in the renter to owner ratio, sitting at 22%, comfortably under the 30% threshold where an oversaturation of rentals can negatively impact returns over time. Furthermore, the units to houses ratio, a significant consideration for potential landlords, is appreciably low at 6%, signifying low competition among landlords vying for tenants, which helps maintain higher rental yields.

    However, affordability, shown through the years to own index, is a little strained at 36 years, revealing a slightly diminished affordability compared to suburbs with indices below 30 years. As for the supply and demand metrics, the suburb illustrates a favourable trend. The stock on market percentage skimmed at a low 0.19%, while the inventory for houses averaged out at 0.86 months. These figures indicate a low supply in the market.

    The building approvals ratio for houses in Marshall is slightly elevated, at 4.98%, indicating an increase in the supply of new dwellings. The average days on market for houses stand at 56, providing balanced market opportunities. Meanwhile, the combined vacancy rate for houses and units understates the 3.5% high-demand threshold, coming in at 2.62%, with a rent search index leaning towards increased demand at a score of 4.

    In sum, with predominantly favourable ratios across a majority of key metrics, property investment opportunities in Marshall appear potent, particularly for those seeking rental streams. However, like with any investment, a keen eye on trends and further diligent research is important, especially considering the slightly challenged affordability index. Investors can leverage the HtAG Analytics Relative Composite Score (RCS) for a comprehensive overview using over 80 metrics.

    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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