Suburb Profile Report for Milsons Point NSW (2061)

Milsons Point Unit: Median price $1,918,000, Annual capital growth 14.52%, Number of sales 47, Weekly median advertised rent $780

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

Source: CoreLogic

  • Unit Report

LACK OF BUYER INTEREST may well be the reason that Milsons Point is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 209th in terms of most discounted suburbs in NSW

A $780 per week rent on the median house gives suburb investors a gross yield of circa 2.11%, without taking into account capital value appreciation, which has been averaging out at 14.52%.

HOUSE UNIT
N/A $1,918,000
N/A 28.81%
N/A N/A
N/A 14.52%
N/A $780
N/A 47
N/A 2.11%
N/A 86.66

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2014
Median household income ($/weekly) 2632
Median age of persons 39
Median housing loan repayment ($/monthly) 3000
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 486 24.1
    35-44 years 369 18.3
    45-54 years 289 14.4
    55-64 years 283 14.1
    65-74 years 194 9.6
    Others 392 19.5
    Age Group
    Census Count Percent(%)
    Registered Married 714 47.5
    Not Married 556 37.0
    Defacto Relationship 233 15.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 762 44.9
    Croatia 104 6.1
    India 80 4.7
    United Kingdom 160 9.4
    Other 110 6.5
    Others 481 28.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 93 5.7
    Christianity 887 54.2
    Hinduism 44 2.7
    Judaism 19 1.2
    No Religion 566 34.6
    Others 27 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 88 11.0
    $2,500-$2,999 220 27.5
    $3,000-$3,499 73 9.1
    $3,500 -$3,999 53 6.6
    $4,000 or more 116 14.5
    Others 251 31.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 854 53.9
    Not in the labour force 444 28.0
    Employed, worked part-time 197 12.4
    Unemployed, looking for work 48 3.0
    Employed, away from work 42 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 293 26.7
    Professionals 478 43.6
    Community & personal service workers 40 3.6
    Clerical & administrative workers 141 12.9
    Sales 63 5.7
    Others 81 7.4
    Occupation
    Census Count Percent(%)
    Pre-school 15 5.9
    Infants/Primary 42 16.5
    Secondary 40 15.7
    Technical or Further Educational Institution 17 6.7
    University or other Tertiary Institutions 127 50.0
    Others 13 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1658 99.0
    Separate house 13 0.8
    Semi-detached, row or terrace house, townhouse 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 464 53.6
    Fully owned 227 26.2
    Being purchased 170 19.7
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals