Suburb Profile Report for Middle Cove NSW (2068)

Middle Cove House: Median price $2,202,500, Annual capital growth 6.76%, Number of sales 18, Weekly median advertised rent $955

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Middle Cove, 2068 have given investors a capital gain of 17.94%. This compares very favourably with the 9.05% for NSW as a whole.

While Middle Cove,2068 ranked number 442th in NSW for increase in median house value (annualised) increase, it is ranked 194th over the last 5 years.

Using the current median advertised rental of $955 and the average annual increase in value of a median property of 6.76%, investors should hope to achieve an overall return of 2.25%

Metrics i HOUSE UNIT
$2,202,500 N/A
4.63% N/A
17.94% N/A
6.76% N/A
$955 N/A
18 N/A
2.25% N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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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