Suburb Profile Report for Connells Point NSW (2221)

Connells Point House: Median price $1,815,000, Annual capital growth 8.32%, Number of sales 38, Weekly median advertised rent $750

Connells Point Unit: Median price $1,125,000, Annual capital growth 9.28%, Number of sales 16, Weekly median advertised rent $590

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

Source: CoreLogic

  • House Report
  • Unit Report

NSW has seen average median house prices change by 11.06% which means that Connells Point, 2221 has done well for property investors by showing a capital gain of 11.69% over the last year

If we look at median property appreciation over just the last three months, Connells Point has given property investors a paper return of -0.82%. This puts Suburb as 1143 on a list of fastest fasting appreciating suburbs in NSW

Property buyers and investors in Connells Point 2221 should be seeing an average reduction in asking price of around -12.58% . This means that Connells Point is holding prices well when compared to other suburbs in NSW.

At number 2114 in a list of fastest selling suburbs, Connells Point is just in the bottom half of suburbs in Australia with an average of days on market 80.86 for properties listed there.

Connells Point, 2221’s gross rental yield is 2.15%

NSW has seen average median house prices change by 8.63% which means that Connells Point, 2221 has done well for property investors by showing a capital gain of 26.40% over the last year

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

Metrics i HOUSE UNIT
$1,815,000 $1,125,000
-0.82% N/A
11.69% 26.40%
8.32% 9.28%
$750 $590
38 16
2.15% 2.73%
80.86 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 2702
Median household income ($/weekly) 1834
Median age of persons 42
Median housing loan repayment ($/monthly) 2600
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 377 13.9
    35-44 years 374 13.8
    45-54 years 423 15.6
    55-64 years 354 13.1
    65-74 years 244 9.0
    Others 931 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 1259 61.4
    Not Married 741 36.2
    Defacto Relationship 49 2.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1928 74.4
    Croatia 128 4.9
    Hong Kong 62 2.4
    United Kingdom 68 2.6
    Other 85 3.3
    Others 322 12.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 73 2.9
    Christianity 2097 83.0
    Hinduism 23 0.9
    Islam 37 1.5
    No Religion 290 11.5
    Others 8 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 65 8.4
    $1,500-$1,999 97 12.5
    $2,000-$2,499 68 8.8
    $2,500-$2,999 90 11.6
    $4,000 or more 100 12.9
    Others 354 45.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 811 38.4
    Not in the labour force 790 37.4
    Employed, worked part-time 374 17.7
    Employed, away from work 91 4.3
    Unemployed, looking for work 45 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 238 18.7
    Professionals 338 26.5
    Technicians & trades workers 128 10.0
    Clerical & administrative workers 254 19.9
    Sales 129 10.1
    Others 187 14.7
    Occupation
    Census Count Percent(%)
    Pre-school 50 7.0
    Infants/Primary 243 34.0
    Secondary 223 31.2
    Technical or Further Educational Institution 47 6.6
    University or other Tertiary Institutions 142 19.9
    Others 9 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2261 87.6
    Semi-detached, row or terrace house, townhouse 318 12.3
    House or flat attached to a shop, office 3 0.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 462 52.4
    Being purchased 329 37.3
    Rented 84 9.5
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals