Suburb Profile Report for Hurstville Grove NSW (2220)

Hurstville Grove House: Median price $1,500,000, Annual capital growth 8.91%, Number of sales 25, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report

Investment property in Hurstville Grove has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.21%

If we look at median property appreciation over just the last three months, Hurstville Grove has given property investors a paper return of 10.29%. This puts Suburb as 136 on a list of fastest fasting appreciating suburbs in NSW

At number 113th of NSW’s most discounted properties, Hurstville Grove is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Using the current median advertised rental of $600 and the average annual increase in value of a median property of 8.91%, investors should hope to achieve an overall return of 2.08%

Metrics i HOUSE UNIT
$1,500,000 N/A
10.29% N/A
2.21% N/A
8.91% N/A
$600 N/A
25 N/A
2.08% N/A
106.82 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 2391
Median household income ($/weekly) 1772
Median age of persons 40
Median housing loan repayment ($/monthly) 2600
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 291 12.2
    25-34 years 222 9.3
    35-44 years 340 14.2
    45-54 years 398 16.6
    55-64 years 258 10.8
    Others 882 36.9
    Age Group
    Census Count Percent(%)
    Registered Married 1092 59.9
    Not Married 680 37.3
    Defacto Relationship 52 2.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 1567 68.0
    Croatia 187 8.1
    Hong Kong 48 2.1
    India 74 3.2
    Other 82 3.6
    Others 346 15.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 74 3.3
    Christianity 1716 75.5
    Hinduism 20 0.9
    Islam 57 2.5
    No Religion 387 17.0
    Others 18 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 60 9.1
    $1,500-$1,999 77 11.6
    $2,000-$2,499 69 10.4
    $2,500-$2,999 78 11.8
    $4,000 or more 58 8.8
    Others 319 48.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 728 39.0
    Not in the labour force 647 34.7
    Employed, worked part-time 360 19.3
    Employed, away from work 86 4.6
    Unemployed, looking for work 45 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 201 17.1
    Professionals 316 26.9
    Technicians & trades workers 146 12.4
    Clerical & administrative workers 188 16.0
    Sales 108 9.2
    Others 216 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 53 8.7
    Infants/Primary 174 28.4
    Secondary 207 33.8
    Technical or Further Educational Institution 40 6.5
    University or other Tertiary Institutions 127 20.8
    Others 11 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2133 93.6
    Semi-detached, row or terrace house, townhouse 120 5.3
    Flat, unit or apartment 26 1.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 378 51.4
    Being purchased 272 37.0
    Rented 86 11.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals