Suburb Profile Report for Revesby NSW (2212)

Revesby House: Median price $930,000, Annual capital growth 7.88%, Number of sales 167, Weekly median advertised rent $530

Revesby Unit: Median price $722,250, Annual capital growth 7.74%, Number of sales 68, Weekly median advertised rent $495

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Revesby, 2212 have given investors a capital gain of 1.09%. This compares badly with the 7.15% for NSW as a whole.

Revesby,2212 has offered an average of 1.09% return per annum in house price rises to property investors over the last three years.

Revesby2212 is located in NSW which offers an average discount of -5.53% to property investors. Revesby itself is showing figures that indicate -6.04% is the average achievable by property buyers investing in the suburb.

The NSW suburb of Revesby, 2212 is in the Bankstown local government area.

Revesby has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.18% to date .

Taking the average capital gain, or increase in median house value, Revesby,2212 has racked up an average of 3.18% over the period. This ranks it number 119th in the whole country for real estate investors looking at median house price increases.

Vendor discounting in Revesby is giving property investors an average Vendor Discount of around -3.50%. This puts suburb at number 350th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Revesby the average time real estate has been on the market is 62.43 days.

Using the current median advertised rental of $495 and the average annual increase in value of a median property of 7.74%, investors should hope to achieve an overall return of 3.56%

HOUSE UNIT
$930,000 $722,250
-0.53% -2.00%
1.09% 3.18%
7.88% 7.74%
$530 $495
167 68
2.96% 3.56%
59.67 62.43

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 12934
Median household income ($/weekly) 1222
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1565 12.1
    25-34 years 1751 13.5
    35-44 years 1790 13.8
    45-54 years 1788 13.8
    55-64 years 1390 10.7
    Others 4651 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 4773 49.8
    Not Married 4313 45.0
    Defacto Relationship 491 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7966 65.3
    Croatia 487 4.0
    Malaysia 418 3.4
    Viet Nam 542 4.4
    Other 561 4.6
    Others 2229 18.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 701 5.8
    Christianity 8556 71.2
    Hinduism 195 1.6
    Islam 799 6.6
    No Religion 1574 13.1
    Others 191 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 384 9.9
    $600-$799 340 8.7
    $1,000-$1,249 339 8.7
    $1,500-$1,999 504 13.0
    $2,000-$2,499 384 9.9
    Others 1938 49.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3832 39.1
    Employed, worked full-time 3737 38.1
    Employed, worked part-time 1526 15.6
    Unemployed, looking for work 378 3.9
    Employed, away from work 340 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 577 10.3
    Professionals 1016 18.1
    Technicians & trades workers 883 15.8
    Clerical & administrative workers 1121 20.0
    Sales 522 9.3
    Others 1484 26.5
    Occupation
    Census Count Percent(%)
    Pre-school 240 7.9
    Infants/Primary 977 32.2
    Secondary 846 27.8
    Technical or Further Educational Institution 337 11.1
    University or other Tertiary Institutions 530 17.4
    Others 108 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8817 73.0
    Semi-detached, row or terrace house, townhouse 2697 22.3
    Flat, unit or apartment 500 4.1
    House or flat attached to a shop, office 61 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1489 35.1
    Being purchased 1456 34.3
    Rented 1277 30.1
    Other tenure type 26 0.6
    Tenure Type
Census 2011, ABS
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