Suburb Profile Report for Scotland Island NSW (2105)

Scotland Island House: Median price $840,000, Annual capital growth 4.94%, Number of sales 23, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report

Property value increases in Scotland Island have tracked just lower than the NSW average of 9.05% over the last 12 months.

Property investors looking for a bargain in Scotland Island should be aiming for at least -5.15% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $6600 per annum or $550 every week.

Metrics i HOUSE UNIT
$840,000 N/A
N/A N/A
6.33% N/A
4.94% N/A
$550 N/A
23 N/A
3.40% N/A
121.63 N/A

Source: CoreLogic

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