Suburb Profile Report for Scotland Island NSW (2105)

Scotland Island House: Median price $790,000, Annual capital growth 2.91%, Number of sales 21, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report

Scotland Island is an average performer in NSW when comparing median price capital growth over the last year. Scotland Island gave property investors a average capital gain figure when compared to the rest of the state, with 7.48%.

When looking at the potential capital gains offered to property investors over the last 3 years, Scotland Island comes in at number 1101th in NSW.

LACK OF BUYER INTEREST may well be the reason that Scotland Island is offering property investors an average of -5.53. This rate of discount on properties puts Suburb at number 525th in terms of most discounted suburbs in NSW

In the last year 21 properties changed hands in Scotland Island, which puts it as the 1112th most active market in NSW when comparing the number of sales per suburb.

Advertised rents are around the $500 mark per week – giving a return of 3.29% based on the median price in Suburb

HOUSE UNIT
$790,000 N/A
0.64% N/A
7.48% N/A
2.91% N/A
$500 N/A
21 N/A
3.29% N/A
115.07 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Very good (U)
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Demographics
Total population 715
Median household income ($/weekly) 1724
Median age of persons 39
Median housing loan repayment ($/monthly) 2817
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 115 16.1
    35-44 years 130 18.2
    45-54 years 150 21.0
    55-64 years 95 13.3
    65-74 years 52 7.3
    Others 171 24.0
    Age Group
    Census Count Percent(%)
    Registered Married 280 55.2
    Not Married 160 31.6
    Defacto Relationship 67 13.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 474 68.0
    Papua New Guinea 33 4.7
    United Kingdom 86 12.3
    United States of America 21 3.0
    Other 19 2.7
    Others 64 9.2
    Country of Birth
    Census Count Percent(%)
    No Religion 334 52.7
    Christianity 282 44.5
    Buddhism 15 2.4
    Other Religious Groups 3 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 18 8.2
    $1,500-$1,999 31 14.2
    $2,500-$2,999 30 13.7
    $3,000-$3,499 23 10.5
    $4,000 or more 19 8.7
    Others 98 44.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 240 45.5
    Employed, worked part-time 129 24.5
    Not in the labour force 126 23.9
    Unemployed, looking for work 17 3.2
    Employed, away from work 15 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 58 15.0
    Professionals 153 39.6
    Technicians & trades workers 56 14.5
    Community & personal service workers 22 5.7
    Clerical & administrative workers 50 13.0
    Others 47 12.2
    Occupation
    Census Count Percent(%)
    Pre-school 18 9.0
    Infants/Primary 75 37.5
    Secondary 61 30.5
    Technical or Further Educational Institution 18 9.0
    University or other Tertiary Institutions 22 11.0
    Others 6 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 667 98.5
    Caravan, cabin, houseboat 7 1.0
    Flat, unit or apartment 3 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 112 46.1
    Fully owned 73 30.0
    Rented 58 23.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals