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Maribyrnong, VIC 3032

Home » VIC Real Estate Data » Maribyrnong City, VIC » Maribyrnong, VIC 3032

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 Maribyrnong, VIC 3032 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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5BR

Buy 

1BR

2BR

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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 “Maribyrnong, VIC 3032”

  1. The total adult population (15 years or older) of Maribyrnong 3032 VIC is 10,841, with a median age of 36. Of those, 41.80% are married, 10.52% are divorced or separated, 45.05% are single and 2.69% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $9,612. The median monthly mortgage repayment for households in this suburb is $2,000 which is 20.81% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the state of Victoria, the suburb of Maribyrnong, 3032 is home to an estimated 7,251 households. Delving into the Q3 2023 property market statistics for houses in this area, we see that the typical property price stands at $1,180,675. Coupled with a median weekly rent of $540, the indicative yield consequently comes to about 2.38%, which is somewhat below the 3% baseline preferred by cashflow-focused investors.

    The area boasts an IRSAD score of 1,063 out of 1,217; a relatively high score, indicating a socio-economically advantaged area with greater access to economic and social resources. However, it leans a little to the rental-focused side with a renter to owner ratio of 38%, slightly above the 30% threshold indicating a more balanced market.

    Furthermore, Maribyrnong 3032 presents a higher proportional representation of units versus houses at 52%, hinting towards an oversaturated market subject to potential property value decreases and rental competition.

    In terms of affordability with respect to the housing market, the index stands at a massive 48 years, signalling high barriers to homeownership and a market that leans on the side of investor prevalence.

    The suburb also demonstrates favourable supply metrics, with a stock on market Percentage for houses of just 0.13% and inventory levels at 0.53 months, indicating low supply that leans in favour of property investors. This is reinforced by a low building approvals Ratio of 0.26% for houses, signalling minimal forthcoming supply on the horizon.

    Even the Demand metrics remain largely positive, with houses averaging 30 Days on Market, indicative of high demand and short selling periods. Vacancy rates, which combine both houses and units, fall within the neutral supply-demand balance zone at 2.12%. However, the buy search index for houses is noted at 3, which may signal limited demand and should encourage potential investors to examine this further.

    Maintaining such vigilance in keeping up to date with these market subtleties in the attractive investment suburbs of Maribyrnong is crucial, and could pave the way for both capital gains and positive cash flow trajectories.

    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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