vermont south

3133, Victoria

Real Estate & Property Information

Price Rank

vermont south Suburb Profile & Review

Vermont South adjoins the Dandenong Creek in Melbourne's east, and residents enjoy majestic views of Mount Dandenong. The suburb is comprised of brick veneer houses on quiet, leafy streets, and backpackers are often seen touring Pin Oak Court, the filming location for Ramsay Street in Neighbours.

Vermont South Shopping Centre on Burwood Highway contains a Coles supermarket, a McDonalds, a Pizza Hut, Subway and a Blockbuster store. Tram route 75 terminates at the shopping centre, and a transit bus, which operates twenty-one hours a day, provides seamless connections to the tram stop. Home renovators will find themselves in heaven the largest Bunnings Warehouse in the Southern Hemisphere can be found in Vermont South on the Burwood Highway.

The fitness conscious stroll through Bellbird Dell, a beautiful natural park full of thick bush, wetlands and ornamental lakes. They also cycle along the EastLink Track and the Dandenong Creek Trail in the Dandenong Valley Parklands, which is a beautiful network of parks running along the Dandenong Creek. Sportlink Vermont South on Hanover Road contains facilities for netball, basketball, volleyball and badminton.

vermont south Demographic Data

$ 672,500 Median House Price

31 Minutes Average Commute

45 Median Age

11,416 Population

51.35 % Female

48.65 % Male




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 vermont south, Victoria.

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vermont 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.

vermont south Median House Prices

  • 2008 $ 534,600
  • 2009 $ 570,000
  • 2010 $ 590,000
  • 2011 $ 695,000
  • 2012 $ 672,500

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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vermont 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 vermont 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 vermont south property price predictions.

vermont south Market Property Types

  • 94 % Seperate House
  • 2 % Semi Detached
  • 4 % 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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vermont 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.

vermont south Income & Mortgage Stats

  • $ 1,559 Median Weekly Household Income
  • $ 1,806 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 vermont 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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vermont 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.

vermont south Sold Property Prices

vermont 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.

vermont south Related Local Blog Posts

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Where is The Property Market Heading?

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Have Australians become a bunch of Whingers?

  Melbourne Auction Results 11th of September 2017 73% Clearance Rate 836 Reported Auctions Sold at Auction: 523     Passed in: 194     Sold Before: 99     Sold After: 0     Postponed 14       Source:REIV   Melbourne Market Wrap March 11th September , 2017 The REIV reported 836 properties

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According to Population Estimates and Forecasts report nearly one million people will be visiting Melbourne on an average weekday within the next five years

Is Housing Affordability Creating A Gap Between The Rich and The Poor?

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Households under Mortgage Stress Could Surpass 800,000

The latest unemployment figure releases last week show the Australian economy is growing but is this true? We scratch the surface and look at the problem with our wage growth, our youth unemployment and why many households are suffering mortgage stress.

vermont south Restaurants

  • Vermont Thai503a Burwood Hwy vermont south VIC 313303 9802 1888
  • Rich MahaShop 3, 499 Burwood Hwyvermont south VIC 313303 9887 7663
  • Payom Thai586 Canterbury Rdvermont south VIC 313303 9874 7696

vermont south Cafes

  • The Roasted Coffee BeanShop 47 Vermont South Shopng Cntrvermont south VIC 3133

vermont south Schools

  • Emmaus College, Yr 7-10503 Springvale Rdvermont south VIC 3133(03) 9845 3211Catholic Secondary School
  • Holy Saviour Primary School765 Highbury Roadvermont south VIC 3133(03) 9803 6828Catholic Primary School
  • Vermont South Special School22 Livingstone Roadvermont south VIC 3133(03) 9802 8199Specialist School

vermont south Childcare

  • Beacon St Childrens Centre463 Burwood Hwyvermont south VIC 3133

vermont south Kindergarten and Preschools

  • Barriburn Preschool337 Morack Rdvermont south VIC 3133
  • Birralee Preschool21 Weeden Drivevermont south VIC 3133
  • Terrara Preschool15 Walbrook Drivevermont south VIC 3133

vermont south Sporting Centres and Clubs

  • Vermont Southvermont south VIC 3133Bowling Club
  • Whitehorsevermont south VIC 3133Netball Club
  • Morackvermont south VIC 3133Golf Course

vermont south Retirement Villages

  • Vermont Villagevermont south VIC 3133
  • Victoria Grangevermont south VIC 3133

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