Suburb Profile Report for Revesby NSW (2212)

Revesby House: Median price $1,035,000, Annual capital growth 9.08%, Number of sales 190, Weekly median advertised rent $550

Revesby Unit: Median price $726,000, Annual capital growth 7.56%, Number of sales 73, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Revesby, 2212 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.29%

A 78.14% growth in median value for property investors in Revesby,2212 puts this suburb at number 705th in terms of best performing suburbs in NSW

Property buyers and investors in Revesby 2212 should be seeing an average reduction in asking price of around -4.10% . This means that Revesby is holding prices well when compared to other suburbs in NSW.

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

Over the last year, property investments in Revesby, 2212 have given investors a capital gain of 0.55%. This compares very badly with the 8.63% for NSW as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Revesby has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Revesby is offering property investors an average of -4.13. This rate of discount on properties puts Suburb at number 342th in terms of most discounted suburbs in NSW

Metrics i HOUSE UNIT
$1,035,000 $726,000
1.97% -0.55%
11.29% 0.55%
9.08% 7.56%
$550 $500
190 73
2.76% 3.58%
59.2 56.6

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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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
Chart Table
Recent sales & rentals