Suburb Profile Report for Monterey NSW (2217)

Monterey House: Median price $1,512,000, Annual capital growth 7.57%, Number of sales 23, Weekly median advertised rent $630

Monterey Unit: Median price $790,000, Annual capital growth 8.62%, Number of sales 44, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1184th in the list of Australian suburbs ordered by increase in median house value over the last year, Monterey, 2217 is in the top 30% with a property value increase of 9.17% recorded in median house prices.

When looking at the potential capital gains offered to property investors over the last 3 years, Monterey comes in at number 792th in NSW.

In the last year 23 properties changed hands in Monterey, which puts it as the 1073th most active market in NSW when comparing the number of sales per suburb.

With a capital gain of 11.82% for the last 12 months, Monterey, 2217 has performed for property investments than its average annual 8.62% property growth over the last 5 years.

Monterey,2217 was ranked 498 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Monterey is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 324th in terms of most discounted suburbs in NSW

The NSW suburb of Monterey, 2217 is in the Rockdale local government area.

HOUSE UNIT
$1,512,000 $790,000
0.07% 1.94%
9.17% 11.82%
7.57% 8.62%
$630 $480
23 44
2.17% 3.16%
N/A 79.33

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4330
Median household income ($/weekly) 1294
Median age of persons 40
Median housing loan repayment ($/monthly) 2400
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 467 10.8
    25-34 years 572 13.2
    35-44 years 700 16.2
    45-54 years 560 12.9
    55-64 years 502 11.6
    Others 1529 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 1723 50.5
    Not Married 1497 43.8
    Defacto Relationship 195 5.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2492 61.1
    Fiji 162 4.0
    Hong Kong 244 6.0
    United Kingdom 117 2.9
    Other 407 10.0
    Others 659 16.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 75 1.8
    Christianity 3250 79.9
    Hinduism 47 1.2
    Islam 233 5.7
    No Religion 427 10.5
    Others 35 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 154 9.9
    $600-$799 130 8.3
    $800-$999 153 9.8
    $1,500-$1,999 210 13.5
    $2,000-$2,499 150 9.6
    Others 761 48.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1344 39.3
    Not in the labour force 1306 38.1
    Employed, worked part-time 524 15.3
    Employed, away from work 129 3.8
    Unemployed, looking for work 121 3.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 282 14.1
    Professionals 422 21.1
    Technicians & trades workers 239 12.0
    Clerical & administrative workers 398 19.9
    Sales 186 9.3
    Others 469 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 50 5.6
    Infants/Primary 302 33.9
    Secondary 257 28.8
    Technical or Further Educational Institution 86 9.7
    University or other Tertiary Institutions 172 19.3
    Others 24 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2553 61.1
    Flat, unit or apartment 1162 27.8
    Semi-detached, row or terrace house, townhouse 443 10.6
    House or flat attached to a shop, office 18 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 670 40.3
    Rented 523 31.5
    Being purchased 465 28.0
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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