Suburb Profile Report for Middle Cove NSW (2068)

Middle Cove House: Median price $1,920,000, Annual capital growth 7.74%, Number of sales 17, Weekly median advertised rent $960

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

Source: CoreLogic

  • House Report

Middle Cove is in the bottom 30% in NSW when comparing median price capital growth over the last year. Middle Cove gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.81%.

If we look at median property appreciation over just the last three months, Middle Cove has given property investors a paper return of 1.05%. This puts Suburb as 650 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Middle Cove 2068 should be seeing an average reduction in asking price of around -5.15% . This means that Middle Cove is holding prices well when compared to other suburbs in NSW.

In the last year 17 properties changed hands in Middle Cove, which puts it as the 1202th most active market in NSW when comparing the number of sales per suburb.

Situated 8.40km from the CBD, Middle Cove is one of Willoughby localities in the postcode 2068.

HOUSE UNIT
$1,920,000 N/A
1.05% N/A
2.81% N/A
7.74% N/A
$960 N/A
17 N/A
2.60% N/A
96.81 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 1270
Median household income ($/weekly) 2812
Median age of persons 42
Median housing loan repayment ($/monthly) 4000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 195 15.3
    35-44 years 180 14.2
    45-54 years 242 19.0
    55-64 years 161 12.7
    65-74 years 96 7.6
    Others 397 31.2
    Age Group
    Census Count Percent(%)
    Registered Married 574 61.2
    Not Married 311 33.2
    Defacto Relationship 53 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 836 67.4
    Croatia 35 2.8
    Papua New Guinea 23 1.9
    United Kingdom 104 8.4
    Other 79 6.4
    Others 163 13.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 30 2.5
    Christianity 733 61.4
    Hinduism 5 0.4
    Judaism 32 2.7
    No Religion 391 32.7
    Others 3 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 40 10.6
    $2,500-$2,999 68 18.1
    $3,000-$3,499 47 12.5
    $3,500 -$3,999 33 8.8
    $4,000 or more 79 21.0
    Others 109 29.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 385 39.8
    Not in the labour force 319 33.0
    Employed, worked part-time 199 20.6
    Employed, away from work 33 3.4
    Unemployed, looking for work 31 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 137 22.0
    Professionals 263 42.2
    Community & personal service workers 34 5.5
    Clerical & administrative workers 83 13.3
    Sales 48 7.7
    Others 58 9.3
    Occupation
    Census Count Percent(%)
    Pre-school 26 7.2
    Infants/Primary 133 36.9
    Secondary 119 33.1
    Technical or Further Educational Institution 14 3.9
    University or other Tertiary Institutions 62 17.2
    Others 6 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1213 98.3
    Semi-detached, row or terrace house, townhouse 14 1.1
    House or flat attached to a shop, office 7 0.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 203 48.7
    Being purchased 154 36.9
    Rented 60 14.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals