Suburb Profile Report for Monterey NSW (2217)

Monterey House: Median price $1,492,000, Annual capital growth 8.15%, Number of sales 29, Weekly median advertised rent $630

Monterey Unit: Median price $790,000, Annual capital growth 7.59%, Number of sales 47, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an average capital gain of 2.54% for the last year, Monterey, 2217 is the 2376th highest performer in Australia in this respect.

While Monterey,2217 ranked number 1116th in NSW for increase in median house value (annualised) increase, it is ranked 297th over the last 5 years.

Sellers are offering property buyers an average discount of -4.43% to buyers in Monterey at the moment, which is less than average for the rest of NSW.

At number 80 in a list of fastest selling suburbs, Monterey is in the TOP 10% of suburbs in Australia with an average of days on market 34.3 for properties listed there.

Advertised rents are around the $630 mark per week – giving a return of 2.20% based on the median price in Suburb

Monterey, 2217 ranked 248th in NSW when comparing growth in median property values or capital gain over the last 12 months. Monterey is one of 3163 in our list for NSW

Monterey,2217 has offered an average of 6.76% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -4.22% to buyers in Monterey at the moment, which is less than average for the rest of NSW.

Situated 12.43km from the CBD, Monterey is one of Rockdale localities in the postcode 2217.

HOUSE UNIT
$1,492,000 $790,000
-1.32% 0.00%
2.54% 6.76%
8.15% 7.59%
$630 $480
29 47
2.20% 3.16%
34.3 74.11

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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