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Mount Helen, VIC 3350

Home » VIC Real Estate Data » Ballarat City, VIC » Mount Helen, VIC 3350

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 Mount Helen, VIC 3350 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 “Mount Helen, VIC 3350”

  1. The total adult population (15 years or older) of Mount Helen 3350 VIC is 2,391, with a median age of 36. Of those, 48.89% are married, 9.62% are divorced or separated, 38.60% are single and 2.89% are widowed.

    The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $9,360. The median monthly mortgage repayment for households in this suburb is $1,600 which is 17.09% of their earnings.

    Source: ABS Census Data (2021)

  2. MOUNT HELEN, post code 3350, is a suburb nestled in the heart of Victoria, housing an estimated 1,251 unique households. As we head into Q3 of 2023, the area displays a vibrant property market, with typical house prices settling at $681,248. Houses in this locale pull a median weekly rent of $430, weaving us an indicative yield of 3.28%. This yield lures investors after markets ticking the minimum requirement for attractive returns of 3%.

    The area prides itself on an IRSAD score of 1039 out of a possible 1217, indicating a high socio-economic status among the residents. Low renter-to-owner ratio of 18% spells an optimal market condition noting its strategic stand below 30%. This shows that the market circumvents the risks of oversaturation with rental properties, meaning potential investors face less competition and can enjoy healthier long-term returns.

    In terms of property type, MOUNT HELEN has a units-to-houses ratio of mere 2%. This lower ratio ensures less competition among landlords for tenants, making room for more substantial rental yields. Moreover, communities with a higher ratio of houses to units typically attract more families and long-term tenants, boding well for consistent rental income.

    From an affordability standpoint, the suburb posts an index of 28 years to fully own a property considering factors like current interest rates, median family income, and property prices. This finding reveals a higher affordability trait, making the suburb even more attractive to both investors and owner-occupiers. In supply terms, the suburb’s stock on market percentage for houses is at a low 0.24%, signifying a market with healthier demand over supply ratio.

    With a 1.06-month inventory, the MOUNT HELEN property market exhibits a swift absorption rate of new listings, indicating a favourable low supply market. The building approvals ratio for houses here is an ideal 0.48%, excluding increased supply risks from the picture. However, one could argue that the area’s demand could do with a boost, given the days on market metric for houses measures in at 141 and the combined vacancy rate sits at 2.74%, both of which lean more towards a neutral demand.

    From the online realm, we observe an average interest in the suburb, with a buy search index for houses set at 5. In concluding, while individual metrics might dwell in less-than-favourable zones, the majority of MOUNT HELEN’s metrics build a strong case for investors. The HtAG Analytics’ RCS consolidates this finding as it analyses over 80 metrics to deliver a holistic snapshot of the suburb’s market performance.

    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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