Suburb Profile Report for Rushcutters Bay NSW (2011)

Rushcutters Bay Unit: Median price $670,000, Annual capital growth 9.57%, Number of sales 97, Weekly median advertised rent $525

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • Unit Report

With a capital gain of -9.61% for the last 12 months, Rushcutters Bay, 2011 has performed for property investments than its average annual 9.57% property growth over the last 5 years.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rushcutters Bay has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rushcutters Bay, 2011. Typically our figures indicate that -5.51% is being offered, which puts this NSW suburb at 616th most discounted overall in Australia.

Rushcutters Bay, 2011’s gross rental yield is 4.07%

Metrics i HOUSE UNIT
N/A $670,000
N/A 5.51%
N/A -9.61%
N/A 9.57%
N/A $525
N/A 97
N/A 4.07%
N/A 62.08

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 2371
Median household income ($/weekly) 1372
Median age of persons 37
Median housing loan repayment ($/monthly) 2050
Average household size 1.5
  • Census Count Percent(%)
    25-34 years 753 31.8
    35-44 years 479 20.2
    45-54 years 319 13.5
    55-64 years 220 9.3
    65-74 years 140 5.9
    Others 459 19.4
    Age Group
    Census Count Percent(%)
    Not Married 1019 59.7
    Defacto Relationship 369 21.6
    Registered Married 318 18.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1095 55.7
    Papua New Guinea 104 5.3
    South Africa 31 1.6
    United Kingdom 188 9.6
    Other 202 10.3
    Others 346 17.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 3.2
    Christianity 951 50.6
    Hinduism 22 1.2
    Judaism 44 2.3
    No Religion 772 41.0
    Others 32 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 96 8.5
    $1,000-$1,249 112 10.0
    $1,250-$1,499 106 9.4
    $1,500-$1,999 148 13.2
    $2,500-$2,999 136 12.1
    Others 525 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1084 57.7
    Not in the labour force 407 21.7
    Employed, worked part-time 271 14.4
    Unemployed, looking for work 63 3.4
    Employed, away from work 53 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 263 18.7
    Professionals 593 42.1
    Community & personal service workers 121 8.6
    Clerical & administrative workers 179 12.7
    Sales 92 6.5
    Others 159 11.3
    Occupation
    Census Count Percent(%)
    Pre-school 20 7.5
    Infants/Primary 20 7.5
    Technical or Further Educational Institution 45 16.8
    University or other Tertiary Institutions 133 49.6
    Other type of educational institution 38 14.2
    Others 12 4.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1791 98.6
    Semi-detached, row or terrace house, townhouse 19 1.0
    Separate house 6 0.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 733 61.9
    Being purchased 229 19.3
    Fully owned 214 18.1
    Other tenure type 8 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals