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Anakie, VIC 3213

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 Anakie, VIC 3213 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 “Anakie, VIC 3213”

  1. The total adult population (15 years or older) of Anakie 3213 VIC is 589, with a median age of 43. Of those, 57.39% are married, 8.83% are divorced or separated, 29.03% are single and 5.09% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,872. The median monthly mortgage repayment for households in this suburb is $1,800 which is 20.29% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in VIC, the suburb of ANAKIE 3213 is a considerably small community, hosting an estimated 407 households. As we approach the last quarter of 2023, the typical pricing for houses within the area stands at around $879,830 with a median weekly rent of $487. This relatively high purchase price in conjunction with the median rent figures, produces an indicative yield of 2.88%. Even though the yield is considered below the preferred market standard of 3%, it’s crucial to consider other metrics and trends within the area.

    The suburb boasts an impressively high IRSAD score of 1020 out of 1217, indenting its population’s strong socio-economic status, which has potential positive implications for long-term property investments. Further underlining its appeal as an investment location, the renter to owner ratio is remarkably low at 5%.

    In terms of the property landscape, ANAKIE is chiefly a house-dominated market, with a units to houses ratio standing at a flat 0%. This might appear appealing to investors looking for less competition and increased appeal to families seeking long-term tenancies.

    However, the suburb’s affordability index is a substantial 39 years, suggesting a decreased affordability inherent in the property market. Understanding this index is pivotal as it indicates that it might take an average family 39 years to fully own a property here.

    On the supply side, ANAKIE presents favourable conditions with a stock on market Percentage of a low 0.25%. Additionally, the inventory level is 2.4 months, which sits within the favourable range. A high building approvals Ratio of 32.43% signals an increase in supply, cautioning prospective investors to consider potential oversupply risks in the future.

    ANAKIE does suffer from somewhat slow market activity with the average house sitting on the market for as long as 465 days. Similarly, the vacancy rate is on the higher side, recorded at 4.76%, signalling lower demand for rentals. This being said, the strong buy search index for houses at 7 indicates robust potential buying interest within the area, an encouraging factor for property investors.

    Considering some of the metrics falling within the unfavourable ranges such as the indicative yield and affordability index, it’s critical not to overlook the virtues the ANAKIE market presents. Namely, the strong socio-economic status, low renter to owner ratio, almost non-existent unit market and favourable supply conditions.

    Comprehensive property market research like this simplified by the HtAG Analytics’ RCS (Relative Composite Score) ensures investors have the relevant data to make informed decisions in real estate investment. It’s crucial to note that understanding trends in real estate data is as important as the current metric values in a dynamic 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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