Suburb Profile Report for Grays Point NSW (2232)

Grays Point House: Median price $1,235,000, Annual capital growth 7.09%, Number of sales 27, Weekly median advertised rent $695

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

Source: CoreLogic

  • House Report

Investment property in Grays Point has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 24.12%

If we look at median property appreciation over just the last three months, Grays Point has given property investors a paper return of 3.13%. This puts Suburb as 355 on a list of fastest fasting appreciating suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.55% offered to property buyers. Sellers in Grays Point itself are offering an average vendor discount of -2.63% to real estate investors.

In the last year 27 properties changed hands in Grays Point, which puts it as the 1006th most active market in NSW when comparing the number of sales per suburb.

HOUSE UNIT
$1,235,000 N/A
3.13% N/A
24.12% N/A
7.09% N/A
$695 N/A
27 N/A
2.93% N/A
46.18 N/A

Source: CoreLogic

DSR Score for property investment : Excellent (U), Good (H)
Find a mortgage broker in Grays Point NSW
Demographics
Total population 2795
Median household income ($/weekly) 2285
Median age of persons 41
Median housing loan repayment ($/monthly) 2487
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 403 14.4
    15-19 years 280 10.0
    35-44 years 349 12.5
    45-54 years 503 18.0
    55-64 years 373 13.4
    Others 886 31.7
    Age Group
    Census Count Percent(%)
    Registered Married 1294 61.6
    Not Married 700 33.3
    Defacto Relationship 108 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2309 85.0
    Greece 25 0.9
    Papua New Guinea 25 0.9
    United Kingdom 182 6.7
    Other 46 1.7
    Others 130 4.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1991 75.8
    No Religion 610 23.2
    Buddhism 19 0.7
    Judaism 4 0.2
    Islam 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 84 11.2
    $2,000-$2,499 72 9.6
    $2,500-$2,999 108 14.4
    $3,000-$3,499 87 11.6
    $4,000 or more 93 12.4
    Others 304 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 910 41.4
    Not in the labour force 595 27.1
    Employed, worked part-time 566 25.7
    Employed, away from work 79 3.6
    Unemployed, looking for work 49 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 246 15.8
    Professionals 426 27.4
    Technicians & trades workers 229 14.7
    Clerical & administrative workers 255 16.4
    Sales 137 8.8
    Others 262 16.8
    Occupation
    Census Count Percent(%)
    Pre-school 60 7.2
    Infants/Primary 256 30.9
    Secondary 289 34.9
    Technical or Further Educational Institution 60 7.2
    University or other Tertiary Institutions 147 17.8
    Others 16 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2641 98.8
    Semi-detached, row or terrace house, townhouse 30 1.1
    Flat, unit or apartment 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 420 49.2
    Fully owned 375 43.9
    Rented 59 6.9
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals