Suburb Profile Report for Connells Point NSW (2221)

Connells Point House: Median price $1,815,000, Annual capital growth 8.28%, Number of sales 38, Weekly median advertised rent $770

Connells Point Unit: Median price $1,125,000, Annual capital growth 11.42%, Number of sales 15, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report
  • Unit Report

Connells Point has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.00% to date .

Over the longer term, Connells Point has seen property prices show investors a 43.65% return over the last 3 years. This is worse than over the last 12 months

Connells Point, 2221 is offering NSW ‘s 82th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

Renters in Suburb are facing rents around $9240 per annum or $770 every week.

Property investors who have had real estate in Connells Point, 2221 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 28.72%

Property investors should expect to get $600 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$1,815,000 $1,125,000
1.40% 12.50%
10.00% 28.72%
8.28% 11.42%
$770 $600
38 15
2.21% 2.77%
78.57 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), 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
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