Suburb Profile Report for Grays Point NSW (2232)

Grays Point House: Median price $1,190,000, Annual capital growth 6.54%, Number of sales 30, Weekly median advertised rent $705

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Grays Point, 2232 have given investors a capital gain of 19.00%. This compares very favourably with the 7.15% for NSW as a whole.

Grays Point,2232 was ranked 3519 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -2.63% to buyers in Grays Point at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $705 and the average annual increase in value of a median property of 6.54%, investors should hope to achieve an overall return of 3.08%

HOUSE UNIT
$1,190,000 N/A
-3.64% N/A
19.00% N/A
6.54% N/A
$705 N/A
30 N/A
3.08% N/A
40 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Excellent (U)
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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