Suburb Profile Report for Picnic Point NSW (2213)

Picnic Point House: Median price $960,000, Annual capital growth 6.56%, Number of sales 103, Weekly median advertised rent $590

Picnic Point Unit: Median price $811,500, Annual capital growth 7.16%, Number of sales 18, Weekly median advertised rent $575

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of -2.04% for the last 12 months, Picnic Point, 2213 has performed for property investments than its average annual 6.56% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Picnic Point has given property investors a paper return of 0.52%. This puts Suburb as 862 on a list of fastest fasting appreciating suburbs in NSW

Our latest figures would indicate that property sellers in Picnic Point are currently offering property investors an average price cut of -8.19% below the asking price at the moment.

Renters in Suburb are facing rents around $7080 per annum or $590 every week.

NSW has seen average median house prices change by 5.59% which means that Picnic Point, 2213 has done well for property investors by showing a capital gain of 8.93% over the last year

At number 312th of NSW’s most discounted properties, Picnic Point is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Picnic Point, 2213’s gross rental yield is 3.68%

HOUSE UNIT
$960,000 $811,500
0.52% 0.43%
-2.04% 8.93%
6.56% 7.16%
$590 $575
103 18
3.20% 3.68%
82.18 36

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5608
Median household income ($/weekly) 1710
Median age of persons 39
Median housing loan repayment ($/monthly) 2232
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 763 13.6
    25-34 years 582 10.4
    35-44 years 822 14.7
    45-54 years 833 14.9
    55-64 years 702 12.5
    Others 1906 34.0
    Age Group
    Census Count Percent(%)
    Registered Married 2574 60.6
    Not Married 1493 35.2
    Defacto Relationship 178 4.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4540 83.6
    Malaysia 70 1.3
    Papua New Guinea 67 1.2
    United Kingdom 141 2.6
    Other 130 2.4
    Others 482 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 87 1.6
    Christianity 4485 83.8
    Hinduism 34 0.6
    Islam 127 2.4
    No Religion 605 11.3
    Others 14 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 143 8.4
    $1,500-$1,999 217 12.7
    $2,000-$2,499 199 11.7
    $2,500-$2,999 174 10.2
    $3,000-$3,499 164 9.6
    Others 811 47.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1834 42.4
    Not in the labour force 1316 30.4
    Employed, worked part-time 897 20.7
    Employed, away from work 172 4.0
    Unemployed, looking for work 108 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 447 15.4
    Professionals 596 20.5
    Technicians & trades workers 438 15.1
    Community & personal service workers 230 7.9
    Clerical & administrative workers 671 23.1
    Others 519 17.9
    Occupation
    Census Count Percent(%)
    Pre-school 109 7.8
    Infants/Primary 499 35.6
    Secondary 407 29.0
    Technical or Further Educational Institution 134 9.6
    University or other Tertiary Institutions 220 15.7
    Others 33 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4605 84.6
    Semi-detached, row or terrace house, townhouse 819 15.0
    Flat, unit or apartment 11 0.2
    House or flat attached to a shop, office 9 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 834 44.5
    Being purchased 791 42.2
    Rented 242 12.9
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals