Suburb Profile Report for Castle Cove NSW (2069)

Castle Cove House: Median price $2,391,000, Annual capital growth 8.09%, Number of sales 34, Weekly median advertised rent $1,100

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 7.28% which means that Castle Cove, 2069 has done well for property investors by showing a capital gain of 11.21% over the last year

Castle Cove,2069 has offered an average of 11.21% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Castle Cove should be aiming for at least -4.62% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $1100 mark per week – giving a return of 2.39% based on the median price in Suburb

Metrics i HOUSE UNIT
$2,391,000 N/A
0.86% N/A
11.21% N/A
8.09% N/A
$1,100 N/A
34 N/A
2.39% N/A
77.2 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 2521
Median household income ($/weekly) 2586
Median age of persons 44
Median housing loan repayment ($/monthly) 3500
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 359 14.2
    35-44 years 332 13.2
    45-54 years 387 15.3
    55-64 years 327 13.0
    65-74 years 249 9.9
    Others 868 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 1189 63.2
    Not Married 619 32.9
    Defacto Relationship 74 3.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1500 61.6
    Croatia 136 5.6
    India 95 3.9
    United Kingdom 135 5.5
    Other 193 7.9
    Others 375 15.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 51 2.2
    Christianity 1590 67.2
    Hinduism 19 0.8
    Judaism 104 4.4
    No Religion 575 24.3
    Others 28 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 67 8.9
    $2,500-$2,999 129 17.1
    $3,000-$3,499 75 10.0
    $3,500 -$3,999 54 7.2
    $4,000 or more 137 18.2
    Others 291 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 773 39.8
    Employed, worked full-time 671 34.6
    Employed, worked part-time 391 20.1
    Employed, away from work 65 3.3
    Unemployed, looking for work 41 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 261 23.2
    Professionals 430 38.2
    Community & personal service workers 69 6.1
    Clerical & administrative workers 156 13.9
    Sales 77 6.8
    Others 132 11.7
    Occupation
    Census Count Percent(%)
    Pre-school 66 9.4
    Infants/Primary 251 35.8
    Secondary 183 26.1
    Technical or Further Educational Institution 35 5.0
    University or other Tertiary Institutions 149 21.3
    Others 17 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2306 96.0
    Flat, unit or apartment 61 2.5
    Semi-detached, row or terrace house, townhouse 35 1.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 461 56.6
    Being purchased 251 30.8
    Rented 96 11.8
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals