Suburb Profile Report for Rushcutters Bay NSW (2011)

Rushcutters Bay Unit: Median price $635,000, Annual capital growth 7.73%, Number of sales 94, Weekly median advertised rent $495

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

Source: CoreLogic

  • Unit Report

NSW has seen average median house prices change by 5.59% which means that Rushcutters Bay, 2011 has done well for property investors by showing a capital gain of -14.19% over the last year

The five-year average increase in median property values for Rushcutters Bay,2011 has given property investors a potential capital gain of 45.98% across each of those five years.

Rushcutters Bay, 2011 is offering NSW ‘s 384th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

Often selling an investment property can take time, and in Rushcutters Bay the average time real estate has been on the market is 46.11 days.

With the median price for a house in Rushcutters Bay being $635000 and the advertised rent reaching $495 the gross rental yield for property investors calculates out to be 4.05%

HOUSE UNIT
N/A $635,000
N/A 0.00%
N/A -14.19%
N/A 7.73%
N/A $495
N/A 94
N/A 4.05%
N/A 46.11

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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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
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Recent sales & rentals