Real Estate Ruby Vic 3953

Real Estate Market: Is Ruby VIC 3953 a Good Suburb to Buy Into?

Housing Market in Ruby

Key Ruby Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$505	Bottom 27%	104% to Mar 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Ruby

Ruby Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Ruby

39.8%

Latrobe

33.6%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Development applications	0	Bottom 38%	to 0 to Jun 2025
Developments	2.0	Bottom 44%	Data for Jul 2023
Housing Stock Quality Indicator
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	0	Bottom 24%	to 0 to Mar 2025

Housing Stock Quality in Ruby

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Latrobe	Trend
Houses	100.0%	Top 31%	Data for Jan 2021
Average bedrooms - all homes	2.7	Top 30%	152% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Top 24%	Data for Jun 2023

Development Restrictions in Ruby

Ruby Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023

Ruby

18.3%

Latrobe

30.6%

Compare
Suburbs

	Field	Value	VS Latrobe	Trend
	Heritage overlay total area	0.0 sq km	Bottom 38%	Data for Jun 2023

Risk in Ruby

Ruby Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Ruby

34.3

Latrobe

36.1

Compare
Suburbs

Field	Value	VS Latrobe	Trend
% Owner Occupied	92.4%	Top 49%	Data for May 2023
% Rentals	7.6%	Bottom 49%	Data for May 2023
Housing Affordability Index	37	Top 36%	Data for Jun 2023
Median monthly mortgage	$1,310	Bottom 20%	Data for May 2023
Rent Affordability Index (Houses)	81	Top 36%	Data for Jun 2023
Rent Affordability Index (Units)	81	Top 20%	Data for Jun 2023
Mortgage as a percent of income	16.7%	Bottom 25%	19% to Jan 2021
Mortgaged Dwellings	34.1%	Bottom 37%	12% to May 2023

Housing Demand in Ruby

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Ruby

40.8%

Latrobe

55.8%

Compare
Suburbs

Field	Value	VS Latrobe	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	13100	Top 46%	14% to Dec 2036
Historical Population (SA3)	73700	Top 42%	43% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	31600	Top 35%	22% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium

Unit Market in Ruby

Ruby Unit Investor Report

Sample Graphic

Sources: Property Listings and Microburbs, 2002 - 2023

Field	Value	VS Latrobe	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$370	Bottom 8%	77% to Mar 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	117.0%	Top 6%	4% to Mar 2025

Businesses (6)

Name	Address
Electrical	140 Sages and Logans Rd, Leongatha VIC 3953, Australia
David Trease Design and Drafting Solution	765, Ruby Arawata Rd
David Trease Design and Drafting Solution	765, Ruby Arawata Rd
David Trease Design and Drafting Solution	765, Ruby Arawata Rd
David Trease Design and Drafting Solutions	765, Ruby - Arawata Rd

Planning Applications: Dwellings (1)

Headline	Place	Date
Develop land with a replacement dwelling, relocate existing and extend. Use and development of land with group accommodation. - South Gippsland Shire Council 2020/272	825 Ruby-Arawata Road Ruby VIC 3953	07 Nov 2020

Recently Sold Houses (27)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
700 Ruby-arawata Rd	$1,150,000	5.0	2.0	4.0	21 Dec 2024	On Market
1050 Ruby-arawata Rd	$980,000	3.0	2.0		12 Feb 2024	On Market
175 Harveys Rd	Price Withheld	4.0	3.0	3.0	12 May 2023	On Market
175 Harveys Rd	$1,080,000	4.0	3.0	3.0	12 May 2023	On Market
70 Sages And Logans Rd	$1,625,000	4.0	2.0	4.0	23 Dec 2022	On Market

LGA Details (1)

Headline	Place	Datetime
Local government area	South Gippsland

Percent of Renters by Street (14)

Percent of Renters	Street
100.0%	Barnes Rd
0.0%	Bright Rd
0.0%	Dykes Rd
0.0%	Harveys Rd
0.0%	Holtons Rd

Turnover Rate by Street (13)

Turnover rate	Street	Turnover Label	Turnover Years	Year
62.5%	Harveys Rd	quite tightly held	Every 16.0 years (quite tightly held)	2025
100.0%	Holtons Rd	high turnover	Every 10.0 years (high turnover)	2025
114.3%	Ruby-Arawata Rd	very high turnover	Every 8.8 years (very high turnover)	2025
66.7%	Sages And Logans Rd	quite tightly held	Every 15.0 years (quite tightly held)	2025
150.0%	Malones Rd	very high turnover	Every 6.7 years (very high turnover)	2025

Median House Sale Prices by Street (96)

Street	Date	Median sale value
Harveys Rd	10 May 2024	$1,250,000
Ruby-Arawata Rd	10 May 2024	$1,115,000
South Gippsland Hwy	06 Oct 2023	$1,282,000
Sages And Logans Rd	06 Oct 2023	$2,399,000
Holtons Rd	06 Oct 2023	$1,402,000

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
700 Ruby-arawata Rd	Price Withheld	5.0	2.0	4.0	21 Dec 2024	On Market
700 Ruby-arawata Rd	Price Withheld	5.0	2.0	4.0	21 Dec 2024	On Market
700 Ruby-arawata Rd	Price Withheld	5.0	2.0	4.0	21 Dec 2024	On Market
700 Ruby-arawata Rd	Price Withheld	5.0	2.0	4.0	21 Dec 2024	On Market
700 Ruby-arawata Rd	Price Withheld	5.0	2.0	4.0	21 Dec 2024	On Market

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