clayton south

3169, Victoria

Real Estate & Property Information

Median
Price Rank
249

clayton south Suburb Profile & Review

Clayton South is located in the City of Kingston. Nearby Clayton is home to the main campus of Monash University, the largest university in Australia. It is also one of the major centres of science and technology research in Australia. CSIRO, the Australian Synchrotron, Bosch and Monash Medical Centre(one of Melbourne's largest hospitals) all have facilities within the suburb. For obvious reasons, a high proportion of residents are students, and the median age is quite young.

Due to the abundance of educational facilities in the area, there is an extensive bus network. The Cranbourne and Pakenham train lines pass through both Clayton Station in Clayton and Westall Station in Clayton South.

On Clayton Road you will find the suburb's vibrant and popular shopping strip, which features over 150 retail stores, restaurants and takeaway shops. The Clayton Public Library and the Clayton Aquatic and Health Club are just behind these shops.

clayton south Demographic Data

$ 500,000 Median House Price

28 Minutes Average Commute

33 Median Age

11,625 Population

48.03 % Female

51.97 % Male

3166 NO OF FAMILIES

1.7 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in clayton south, Victoria.

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clayton south Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

clayton south Median House Prices

  • 2008 $ 406,175
  • 2009 $ 455,000
  • 2010 $ 443,500
  • 2011 $ 518,500
  • 2012 $ 500,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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clayton south 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in clayton south have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term clayton south property price predictions.

clayton south Market Property Types

  • 66 % Seperate House
  • 16 % Semi Detached
  • 17 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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clayton south Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

clayton south Income & Mortgage Stats

  • $ 1,052 Median Weekly Household Income
  • $ 1,700 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in clayton south

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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clayton south Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

clayton south Sold Property Prices

clayton south Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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clayton south Restaurants

  • River Kwai3/1310 Centre Rd clayton south VIC 316903 9545 5688

clayton south Schools

  • St. Andrews Primary School96 Bunney Roadclayton south VIC 3169(03) 9551 5094Catholic Primary School
  • Clayton South Primary School539 Clayton Roadclayton south VIC 3169(03) 9558 0599State Primary School
  • Westall Primary SchoolFairbank Roadclayton south VIC 3169(03) 9546 8964State Primary School

clayton south Childcare

  • Clayton South Child Care Centre1 Milton Avenueclayton south VIC 3169

clayton south Kindergarten and Preschools

  • Kallay St Kindergarten46 Kallay Stclayton south VIC 3169
  • Westall Kindergarten43-45 Westall Roadclayton south VIC 3169

clayton south Sporting Centres and Clubs

  • Claytonclayton south VIC 3169Bowling Club
  • Clayton Jnr Football Club, Keeley Park, East Pavilionclayton south VIC 3169Football Club
  • Oakleigh Pistal Clubclayton south VIC 3169Gun Club

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