Suburb Profile Report for Cronulla NSW (2230)

Cronulla House: Median price $1,955,000, Annual capital growth 7.80%, Number of sales 79, Weekly median advertised rent $878

Cronulla Unit: Median price $772,500, Annual capital growth 6.73%, Number of sales 437, Weekly median advertised rent $500

  • 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 7.28% which means that Cronulla, 2230 has done well for property investors by showing a capital gain of 3.30% over the last year

Cronulla,2230 has offered an average of 3.30% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Cronulla is giving property investors an average Vendor Discount of around -7.40%. This puts suburb at number 201th in NSW when ranking the most discounted suburbs.

On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.

Situated 21.42km from the CBD, Cronulla is one of Sutherland Shire localities in the postcode 2230.

At number 585th in the list of Australian suburbs ordered by increase in median house value over the last year, Cronulla, 2230 is in the top 40% with a property value increase of 6.55% recorded in median house prices.

While Cronulla,2230 ranked number 356th in NSW for increase in median house value (annualised) increase, it is ranked 119th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Cronulla itself are offering an average vendor discount of -3.99% to real estate investors.

Situated 20.39km from the CBD, Cronulla is one of Sutherland Shire localities in the postcode 2230.

HOUSE UNIT
$1,955,000 $772,500
-0.26% 0.32%
3.30% 6.55%
7.80% 6.73%
$878 $500
79 437
2.33% 3.37%
67.13 43.82

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 17041
Median household income ($/weekly) 1455
Median age of persons 37
Median housing loan repayment ($/monthly) 2275
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 1384 8.1
    25-34 years 3665 21.5
    35-44 years 2309 13.5
    45-54 years 2217 13.0
    55-64 years 2058 12.1
    Others 5409 31.7
    Age Group
    Census Count Percent(%)
    Not Married 6347 47.1
    Registered Married 5282 39.2
    Defacto Relationship 1849 13.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 13252 82.3
    Papua New Guinea 367 2.3
    South Africa 123 0.8
    United Kingdom 767 4.8
    Other 541 3.4
    Others 1053 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 187 1.2
    Christianity 11996 76.6
    Islam 60 0.4
    Other Religious Groups 48 0.3
    No Religion 3322 21.2
    Others 55 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 608 8.7
    $1,250-$1,499 648 9.2
    $1,500-$1,999 974 13.9
    $2,000-$2,499 651 9.3
    $2,500-$2,999 784 11.2
    Others 3360 47.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6891 48.8
    Not in the labour force 3714 26.3
    Employed, worked part-time 2563 18.2
    Employed, away from work 588 4.2
    Unemployed, looking for work 361 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 1523 15.2
    Professionals 2375 23.7
    Technicians & trades workers 1385 13.8
    Community & personal service workers 1179 11.7
    Clerical & administrative workers 1624 16.2
    Others 1954 19.5
    Occupation
    Census Count Percent(%)
    Pre-school 231 7.7
    Infants/Primary 797 26.7
    Secondary 664 22.2
    Technical or Further Educational Institution 457 15.3
    University or other Tertiary Institutions 694 23.2
    Others 146 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 9828 62.1
    Separate house 4984 31.5
    Semi-detached, row or terrace house, townhouse 985 6.2
    House or flat attached to a shop, office 30 0.2
    Improvised home, tent, sleepers out 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3186 42.2
    Fully owned 2293 30.4
    Being purchased 2049 27.1
    Other tenure type 27 0.4
    Tenure Type
Census 2011, ABS
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