Suburb Profile Report for Horningsea Park NSW (2171)

Horningsea Park House: Median price $706,500, Annual capital growth 5.59%, Number of sales 57, Weekly median advertised rent $550

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

Source: CoreLogic

  • House Report

With a capital gain of 7.45% for the last 12 months, Horningsea Park, 2171 has performed for property investments than its average annual 5.59% property growth over the last 5 years.

A 51.12% growth in median value for property investors in Horningsea Park,2171 puts this suburb at number 484th in terms of best performing suburbs in NSW

Property buyers and investors in Horningsea Park 2171 should be seeing an average reduction in asking price of around -4.31% . This means that Horningsea Park is holding prices well when compared to other suburbs in NSW.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.05%, without taking into account capital value appreciation, which has been averaging out at 5.59%.

HOUSE UNIT
$706,500 N/A
2.02% N/A
7.45% N/A
5.59% N/A
$550 N/A
57 N/A
4.05% N/A
42.18 N/A

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
Find a mortgage broker in Horningsea Park NSW
Demographics
Total population 3668
Median household income ($/weekly) 1792
Median age of persons 30
Median housing loan repayment ($/monthly) 2500
Average household size 3.5
  • Census Count Percent(%)
    0-4 years 302 8.2
    5-14 years 741 20.2
    25-34 years 540 14.7
    35-44 years 721 19.7
    45-54 years 498 13.6
    Others 867 23.6
    Age Group
    Census Count Percent(%)
    Registered Married 1523 60.8
    Not Married 843 33.7
    Defacto Relationship 139 5.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2215 62.4
    Former Yugoslav Republic of Macedonia 175 4.9
    Ireland 71 2.0
    Philippines 126 3.5
    Other 346 9.7
    Others 618 17.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 186 5.3
    Christianity 2549 72.5
    Hinduism 201 5.7
    Islam 290 8.3
    No Religion 269 7.7
    Others 19 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 101 10.9
    $1,500-$1,999 168 18.2
    $2,000-$2,499 152 16.4
    $2,500-$2,999 98 10.6
    $3,000-$3,499 77 8.3
    Others 329 35.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1255 49.5
    Not in the labour force 658 26.0
    Employed, worked part-time 421 16.6
    Employed, away from work 113 4.5
    Unemployed, looking for work 86 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 207 11.5
    Professionals 310 17.3
    Technicians & trades workers 260 14.5
    Clerical & administrative workers 356 19.8
    Sales 170 9.5
    Others 494 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 66 5.6
    Infants/Primary 480 40.7
    Secondary 373 31.6
    Technical or Further Educational Institution 92 7.8
    University or other Tertiary Institutions 148 12.5
    Others 21 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3573 99.5
    Semi-detached, row or terrace house, townhouse 17 0.5
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 680 67.6
    Rented 171 17.0
    Fully owned 152 15.1
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals