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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
Railton has 18 houses available for sale. The median property price for a house is currently 415,000 with annual capital growth of 10.67 . There were 13 house sales in the past 12 months. On average, houses spend 47 days on market.
If you're thinking about buying an investment property in Railton, consider that rental yields for houses are currently 5.10 with an average median rent of 385 weekly. Houses have seen 2.15 growth in the past quarter, and 10.67 growth in the past 12 months.
The size of Railton is approximately 70.9 square kilometres. It has 5 parks covering nearly 30.2% of total area. The population of Railton in 2011 was 1,230 people. By 2016 the population was 1,010 showing a population decline of 17.9% in the area during that time. The predominant age group in Railton is 50-59 years.
Households in Railton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Railton work in a labourer occupation. In 2011, 80.7% of the homes in Railton were owner-occupied compared with 79.7% in 2016.
The size of Railton is approximately 70.9 square kilometres. It has 5 parks covering nearly 30.2% of total area. The population of Railton in 2011 was 1,230 people. By 2016 the population was 1,010 showing a population decline of 17.9% in the area during that time. The predominant age group in Railton is 50-59 years.
Households in Railton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Railton work in a labourer occupation. In 2011, 80.7% of the homes in Railton were owner-occupied compared with 79.7% in 2016.
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| Key Market Data | House | Unit |
| Median price | 415,000 | – |
| Quarterly growth | +2.15 | – |
| 12-month growth | +10.67 | – |
| Average annual growth | +15.04 | – |
| Weekly median rent | 385 | – |
| Gross rental yield | 5.10 | 4.62 |
| Number of Sales (12m) | 13 | – |
| Avg. Days on Market (12m) | 47 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 1,230 | 1,010 |
| Population change (5y) | +36.51 | -17.90 |
| Median household income (p/w) | 809 | 909 |
| Household income change (5y) | +29.65 | +12.36 |
| Median age of persons | 44 | 46 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Railton was 1,010 in 2016, a -17.90 change compared to 2011.
The predominant age group in Railton is 50-59 years.
The population of Railton was 1,010 in 2016, a -17.90 change compared to 2011.
The predominant age group in Railton is 40-49 years.
Most of the population in Railton were born in Australia.
Most of the population in Railton were born in Australia.
Most of the population in Railton report their religion as No Religion.
Most of the population in Railton report their religion as No Religion.
Most of the population in Railton report their income range as between 33,000 and 52,000 .
The median household income in Railton was 909 in 2016, a +12.36 change compared to 2011.
Most of the population in Railton report their income range as between 15,000 and 31,000 .
The median household income in Railton was 809 in 2011, a +29.65 change compared to 2006.
Most of the population in Railton work as Labourer.
Most of the population in Railton work as Trades.
The chart below demonstrates the various levels of education in Railton.
The chart below demonstrates the various levels of education in Railton.
Most of the population in Railton reached a qualification level of Certificate.
Most of the population in Railton reached a qualification level of Certificate.
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